QUINCY, IL--(Marketwire - June 3, 2009) - Gardner Denver, Inc. (NYSE: GDI) announced today
that its Board of Directors appointed Mr. Michael C. Arnold to serve as an
independent director of the Company until the 2012 annual meeting of its
stockholders and until his successor is duly appointed and qualified. Mr.
Arnold will serve on the Board's Management Development and Compensation
Committee. The addition of Mr. Arnold expands the Company's Board to nine
members.
Mr. Arnold is the Executive Vice President and President of the Bearings
and Power Transmission Group at The Timken Company, a publicly held
manufacturer of innovative friction management and power transmission
products and services. Mr. Arnold joined Timken in 1979 and has held a
series of senior management positions, including President of Timken's
former Industrial Group, a position he held from 1999 to 2007 when he was
promoted to his current position. Mr. Arnold earned a B.S. degree in
mechanical engineering and a Master's degree in sales and marketing, both
from The University of Akron. He also completed the Advanced Management
Program at Harvard University.
Gardner Denver, Inc., with 2008 revenues of approximately $2.0 billion, is
a leading worldwide manufacturer of reciprocating, rotary and vane
compressors, liquid ring pumps and blowers for various industrial and
transportation applications, pumps used in the petroleum and industrial
market segments, and other fluid transfer equipment serving chemical,
petroleum, and food industries. Gardner Denver's news releases are
available by visiting the Investor Relations page on the Company's website
(www.GardnerDenver.com).