Helios Technologies, Inc. Announces Executive Changes
January 04, 2022 at 01:32 pm
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Helios Technologies, Inc. announced that on January 3, 2022, Melanie Nealis, the company's Chief Legal & Compliance Officer & Secretary informed the company of her intent to resign, effective March 1, 2022, to pursue another opportunity. The company has further announced that Marc Greenberg, presently the Company's Associate General Counsel, will be promoted with immediate effect to the position of General Counsel and Secretary. In connection with her resignation and in order to effectuate a smooth transition of Ms. Nealis's duties, the Company and Ms. Nealis anticipate entering into an agreement under which Ms. Nealis will agree to provide certain consulting and transition services to the Company during a transition period.
Helios Technologies, Inc. provides highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. The Company's segments include Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic motion control and fluid conveyance technology products, including cartridge valves, manifolds, quick release couplings as well as engineers hydraulic solutions and in some cases complete systems. The Hydraulics segment includes products sold under the Sun Hydraulics, Faster, Custom Fluidpower, Taimi, Daman and Schultes brands. The Electronics segment designs and manufactures customized electronic controls systems, displays, wire harnesses, and software solutions for a variety of end markets. The Electronics segment includes products sold under the Enovation Controls, Murphy, Zero Off, Balboa Water Group and Joyonway brands.