Donaldson Company announces Peggy A. Herrmann, vice president, disk drive and microelectronics, will retire on Monday, Jan. 23, 2015.
Over the span of her 25-year career at Donaldson, Herrmann has been a key contributor to the growth of the company. Her roles have included manager of business analysis; manager of engine air products; market development manager; general manager of engine aftermarket; and vice president, disk drive and microelectronics.
“I want to thank Peggy for her strong leadership and many significant contributions to our company,” says Bill Cook, Donaldson’s chairman, president and CEO. “When Peggy started with our company, our total sales were less than $300 million. As a result of her leadership roles in both our engine aftermarket and disk drive businesses, she was a key player in building our company to the $2.5 billion size we are today.
“Peggy has also helped to globalize our company with her strong focus on our international opportunities. Our international sales now represent 58 percent of our total sales, and Peggy contributed to this significant growth and diversification. Peggy is a valuable member of my senior team as she is renowned for her drive, relentless focus on the delivery of her financial results, her strong commitment to people and their development, and her passion for local community involvement. Peggy has built a strong organization that is well positioned to continue to execute our strategy and deliver our long-term sales growth and financial objectives.”