Tuesday, July 31, 2012

Tyco executive to take the helm at Harsco

Harsco Corporation hired Patrick Decker as president and chief executive officer, effective September 10, 2012.

Decker will succeed Henry Knueppel, who has been serving since February 2012 in the capacity of interim chairman and chief executive officer. With Decker's arrival, Knueppel will serve as the company's independent, non-executive chairman of the board.

Decker joins Harsco from Tyco International Ltd. where he has served as president of Tyco Flow Control, Tyco's second largest business segment, for the past five years. Tyco Flow Control is a multi-industry global provider of engineered valves and controls, heat management solutions and large-scale water infrastructure projects for the global oil and gas, power, water, mining, process and construction sectors. The group recorded revenues of approximately $3.6 billion in 2011 and conducts business in approximately 100 countries.

Announcing the appointment, Knueppel said, "We are fortunate to secure a talented and energetic leader like Patrick at the right time to take Harsco to new heights. He is that exceptional individual who combines discipline and metrics with big picture thinking and action."

Decker said, "I feel honored to have the opportunity to lead this company and its talented and dedicated people around the world who provide critically important value-added solutions to customers in some of the world's most vital end markets."

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