Leviton Manufacturing Company Names New Chief Operating Officer

Little Neck, NY, December 15, 2006 - Leviton Manufacturing Company is pleased to announce the appointment of Daryoush Larizadeh to the newly-created position of Chief Operating Officer (COO). A member of Leviton's executive committee and senior management team, Larizadeh will serve as chairman of the company's operating committee, overseeing day-to-day operations and execution of Leviton's annual plan and operating budget. With his new position, he will retain responsibility for the company's voice and data, OEM, lighting management systems, international, residential and industrial/commercial businesses.

Commenting on his appointment of Larizadeh, Leviton President Donald J. Hendler said, "Our industry is becoming increasingly consolidated and ever-more competitive. Leviton is poised to fully benefit from the business acumen, fiduciary leadership and operating skills Daryoush brings to the position of Chief Operating Officer. Over the years, he has played a key role in restructuring our company's process and operating efficiencies."

Since joining Leviton in 2001, Larizadeh is credited with identifying new revenue opportunities, improving product development cycles, time-to-market, and cost-structures and was instrumental in reorganizing the company's operating businesses into focused centers of excellence. In 2005, he was named Senior Vice President and joined the company's Executive Committee.

As COO Larizadeh will focus his efforts on growing revenue and profitability, implementing a cohesive corporate strategy for the Leviton family of companies, developing breakthrough technology and engineering capabilities, and providing new and unique products and services to the company's diverse customer groups.

Larizadeh holds a BS in Chemical Engineering from the University of Michigan and an MS in Business Administration from MIT's Sloan School of Business. For more information, contact Leviton Manufacturing, www.leviton.com.


All Topics