Acuity Brands has announced the election of Dominic J. Pileggi to the company’s board of directors effective immediately in the class whose term expires at the annual meeting for fiscal year 2013.
Pileggi is the chairman of Thomas & Betts Corporation (Thomas & Betts), a position he has held since January 2006. He held the position of chief executive officer of Thomas & Betts from 2004 until ABB’s recent acquisition of the firm in May 2012.
Vernon J. Nagel, chairman, president, and chief executive officer of Acuity Brands, said, “Dominic brings a wealth of experience as well as tremendous insight into many of the key markets that we serve. “
Pileggi has been appointed to serve on the company’s audit and governance committees of the board. The total number of directors of the company remains at nine as Pileggi fills the director vacancy resulting from the recent passing of Neil Williams.
The company announced that it will hold its annual meeting of stockholders on Friday, January 4, 2013 in Atlanta, Georgia.
In addition, the board of directors of Acuity Brands has declared a quarterly dividend of 13 cents per share. The dividend is payable on November 1, 2012 to shareholders of record on October 18, 2012.
Acuity Brands, Inc. headquartered in Atlanta, is a provider of lighting solutions for both indoor and outdoor applications. With fiscal year 2011 net sales of $1.8 billion, Acuity Brands employs approximately 6,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia.Tagged with tED