Rotork names Kiet Huynh as CEO

Huynh, the managing director of Rotork's water and power and its chemical, process and industrial divisions, will succeed Kevin Hostetler, who informed the board of his plans to return to the US in August 2021 but will remain available to support a smooth transition.

Chairman Martin Lamb said: "I am delighted to have in place a candidate of Kiet's calibre to succeed Kevin as CEO. During his time with Rotork, Kiet has excelled in the leadership of both the CPI division and, more recently, the water and power division, with a clear focus on driving profitable growth through close attention to customer needs and a strong commitment to product and service innovation.

"He has the leadership skills and operational experience to build on the excellent progress made over the last four years through the growth acceleration programme, and to chart a course for accelerated growth in the years ahead."

Elsewhere, Rotork stated it will publish its 2021 full-year results on 1 March.