April 29, 2024

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Gorman-Rupp announces Scott A. King elected as new director | Company News

2 min read

MANSFIELD — The Gorman-Rupp Enterprise (NYSE: GRC) announced Friday that at the yearly conference of the shareholders of The Gorman-Rupp Enterprise on April 22, 2021, Scott A. King was elected to the Board of Directors.

“We are delighted that Mr. King is becoming a member of our Board,” stated Jeffrey S. Gorman, Chairman and CEO. “He joins as a Director with a valued track record and deep knowledge of the pump field and the Company’s items, shoppers, and competitors that will include crucial insight to our Board.”

King, 46, is President and Main Running Officer of the Business. Mr. King was elected President on January 1, 2021 and retained his position as Main Running Officer after previously serving as Vice President and Chief Operating Officer considering that April 2019.

King has been with the Enterprise since 2004 and has held various operational management roles all through this time. Prior to becoming a member of the Firm, he served in various capacities with Fortune 500 diversified industrial brands.

In addition, the board also declared a quarterly funds dividend of $.155 per share on the widespread inventory of the Firm, payable June 10, 2021, to shareholders of document May well 14, 2021.

This will mark the 285th consecutive quarterly dividend paid out by The Gorman-Rupp Business.

About The Gorman-Rupp Firm

Established in 1933, The Gorman-Rupp Organization is a foremost designer, company and international marketer of pumps and pump devices for use in diverse water, wastewater, building, dewatering, industrial, petroleum, authentic devices, agriculture, hearth safety, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.

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