Met-Pro Corporation Completes Financial Leadership Transition
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Harleysville, PA, April 5, 2012 - Met-Pro Corporation (NYSE: MPR-News) today announced that effective April 2, 2012, Neal E. Murphy was elected Vice President-Finance, Chief Financial Officer, Secretary and Treasurer of the Company. Mr. Murphy's election completes the Company's orderly transition in its financial leadership. Mr. Murphy assumes these positions from Gary J. Morgan, who resigned these positions on April 2, 2012. Additionally, on April 2, 2012, Mr. Morgan resigned as a Director of Met-Pro Corporation.
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 55, 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.metpro. com.
Met-Pro common shares are traded on the New York Stock Exchange, symbol MPR.
To obtain an Annual Report or additional information on the Company, please call 215-723-6751 and ask for the Investor Relations Department, or visit the Company's website at www.met-pro.com.
