Neal E. Murphy Joins Met-Pro Corporation as Vice President
Share:
Harleysville, PA, February 7, 2012 - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE:MPR), announced today that Neal E. Murphy has joined the Company as a Vice President. Mr. Murphy's hiring will allow the Company to facilitate an orderly transition in its financial leadership. He will become the Company's Vice President-Finance, Secretary, Treasurer, Chief Financial Officer and Chief Accounting Officer effective on the departure of Gary J. Morgan, who presently holds these positions and whose resignation was previously announced by the Company. It is anticipated that Mr. Murphy will assume these positions by April 30, 2012.
"We are very pleased to welcome Mr. Murphy to Met-Pro Corporation," stated De Hont. "He brings outstanding qualifications and experience to our Company, which we are confident will be a tremendous asset to Met-Pro as we continue our efforts to grow and create value. At the same time, we are grateful to Mr. Morgan for the contribution he has made to Met-Pro over the years, and for effecting an orderly transition in our financial leadership."
Mr. Murphy is an accomplished financial executive with extensive experience working for both public and privately held companies. He was most recently Vice President, Chief Financial Officer at Northern Tier Energy. Mr. Murphy also previously served as Vice President, Chief Financial Officer at Sunoco Logistics Partners, Quaker Chemical Corporation, International Specialty Products, and PQ Corporation. His previous experience also includes serving as President of Akzo PQ Silica. Mr. Murphy started his career at Coopers & Lybrand.
Mr. Murphy, age 54, earned a Bachelor of Science Degree in Accounting from Villanova University and a Master of Science Degree in Taxation from Widener University. He also completed the Advanced Management Program at the Harvard Business School.
About Met-Pro
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control, fluid handling and filtration solutions. The Company's diverse and synergistic solutions and products address the world's growing need for clean air and water, reduced energy consumption and improved operating efficiencies. Through its global sales organization, internationally recognized brands, and operations in North America, South America, Europe and The People's Republic of China, Met-Pro's solutions, products and systems are sold to a well-diversified cross-section of customers and markets around the world. For more information, please visit www.met-pro.com
