Gregg Sengstack, who has served as CEO since 2014 and chairperson since 2015, will continue as executive chairperson.
Ruzynski, 49, joins Franklin Electric from electrical connection and protection solutions company nVent Electric plc, where he served as president of the Enclosures Segment since 2018. Prior to that, he held various leadership roles at Pentair plc, including president of Technical Solutions and President of Flow and Filtration Solutions.
"Joe is a proven leader with a deep understanding of our markets, customers, and technologies. He has demonstrated his ability to execute strategic initiatives that enhance value for all stakeholders. We are confident that he is the right person to lead Franklin Electric into the next phase of growth and innovation," said Sengstack. "I look forward to working with Joe and the board to ensure a smooth and successful transition."
“On behalf of the board, I want to thank Gregg for his outstanding leadership and contributions to Franklin Electric over the past 35 years, including as our chief executive officer since 2014,” said Jennifer Sherman, lead independent director of Franklin Electric. “He has been instrumental in transforming the company from a submersible motor manufacturer to a global leader in water and energy systems, with a diversified portfolio of products and services. Under his leadership, the company has achieved record revenues, earnings, and cash flows, while expanding its global footprint and enhancing its innovation capabilities. We are grateful for his vision, dedication, and guidance.”
