Cooper Industries to Hold Annual Investor Outlook Meeting
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Company Also Appoints Dan Swenson as Vice President Investor Relations
DUBLIN, Ireland, Feb. 23, 2011 - Cooper Industries plc (NYSE: CBE) will hold a meeting with investment analysts on Tuesday, March 1, 2011 to discuss the Company's business outlook for the year. The meeting will include presentations by Cooper's Chairman and Chief Executive Officer Kirk Hachigian and other members of its corporate and division management teams.
Copies of the presentation materials to be used at this meeting and a link to a live webcast of the program will be available in the "Investors" section of the Company's website, www.cooperindustries.com/. The webcast will begin at approximately 8:45 a.m. EST and is expected to end by 11:00 a.m. A replay of the webcast will be available on the website following the meeting. The webcast may include references to non-GAAP financial measures. Cooper will post a reconciliation of those measures to the most directly comparable GAAP measures in the "Investors" section of the Company's website.
Additionally, Cooper announced the appointment of Dan Swenson as Vice President Investor Relations. Prior to joining Cooper, Mr. Swenson served as Vice President Investor Relations with Rockwell Collins. He joined Rockwell Collins in 2002 and held a number of positions of increasing responsibility in strategy and corporate development. Prior to Rockwell Collins, Mr. Swenson worked in investment banking covering the diversified industrial sector while at Bank of America Securities, Credit Suisse and ABN-AMRO. Swenson replaces Mark Doheny, who has been named Vice President, Business Development for the Cooper Crouse-Hinds division.
About Cooper Industries
Cooper Industries plc (NYSE: CBE) is a global electrical products manufacturer with 2010 revenues of $5.1 billion. Founded in 1833, Cooper's sustained success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has seven operating divisions with leading market positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2010 fifty-nine percent of total sales were to customers in the industrial and utility end-markets and thirty-nine percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 21 countries as of 2010. For more information, visit the website at http://www.cooperindustries.com/
For information contact:
Mark Doheny
Cooper Industries
713-209-8484
mark.doheny@cooperindustries.com
SOURCE: Cooper Industries plc
