Lennox International Inc. (NYSE: LII) has announced that Todd Bluedorn will be stepping down as chairman and chief executive officer after 15 years at the helm.
What Happened: Bluedorn will be retiring in mid-2022 “based on his desire to create a better balance between his personal and professional priorities,” the Dallas-headquartered provider of energy-efficient climate-control solutions said in a statement. The board of directors has begun a search for a replacement.
“Under Todd's leadership the company's market cap grew from $2.5 billion to over $13 billion, resulting in total shareholder return in excess …
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