Rockwell Automation makes Crandall CFO
Since joining the company in 1978, Crandall has served in a broad range of finance and operational roles across the Rockwell Automation organization and has been interim CFO since April.
Rockwell Automation, Inc. announced this week that Theodore D. Crandall has been named senior vice president and chief financial officer. Crandall, 52, served as interim CFO since April 2007, and was previously senior vice president and head of the Control Products & Solutions segment.
"Ted is the ideal CFO for Rockwell Automation," said Keith D. Nosbusch, chairman and chief executive officer. "His outstanding leadership skills, business savvy, financial acumen and significant knowledge of Rockwell Automation make him uniquely qualified to advance both our growth and productivity strategies."
Since joining the company in 1978, Crandall has served in a broad range of finance and operational roles across the Rockwell Automation organization, including vice president of finance and business planning for the company's business unit that was the predecessor to the Architecture & Software segment. He was also vice president and controller with Electronics Corporation of America when it was acquired by Rockwell. A graduate of Carnegie Mellon University in Pittsburgh, Crandall received a bachelor's in Management Science and Economics and a master's in Industrial Administration.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey