Gardner Denver Holdings, Inc. announces that Neil Snyder will succeed Todd Herndon as the company’s Chief Financial Officer (CFO) effective January 1, 2019. Herndon will stay on with the company to assist in the transition of the CFO role to Snyder.
Snyder, currently Senior Vice President of Global Finance, Business Development & Planning, will, in his new role, report directly to Vicente Reynal, Chief Executive Officer (CEO).
Expanded Responsibilities
Snyder joined Gardner Denver in March 2016 as Vice President of Strategy & Planning
Snyder joined Gardner Denver in March 2016 as Vice President of Strategy & Planning, Industrials Segment. In January 2017, he was promoted to Senior Vice President of Strategy, Business Development & Planning, and in August 2018, he took on expanded responsibilities with the appointment to his current role of Senior Vice President of Global Finance, Business Development & Planning, which includes leadership of the global finance and controllership functions.
Prior to joining Gardner Denver, Snyder served at Capital Safety Inc., a pioneer of fall protection and safety equipment, as its Vice President, Head of Financial Planning and Analysis from June 2012 to January 2016, and President, Europe, Middle East and Africa from September 2013 to May 2014. Before Capital Safety, he held various executive roles of increasing responsibility at United Technologies Corporation from 2007 to 2012. Snyder started his career at Ernst & Young LLP in public accounting.
Strong Financial Expertise
“Neil brings to the CFO role comprehensive knowledge of Gardner Denver and our end markets as well as strong financial expertise,” said Reynal. “In addition, his experience leading our business development function makes him particularly well suited to take on this important leadership role during Gardner Denver’s next chapter of transformation. I am excited to have him as my partner as we continue moving the company forward.”
I can attest that he has all of the knowledge and skills needed to be a successful CFO"
Herndon added, “Having worked with Neil for many years, I can attest that he has all of the knowledge and skills needed to be a successful CFO, and I can think of no one better to fill this critical role at Gardner Denver. We have been planning this transition for some time, and Neil’s experience, knowledge of Gardner Denver and the expansion of his responsibilities this last summer will allow for a seamless transition.”
Ensuring Smooth Transition
Herndon plans to retire later in 2019. Until then, he will stay with the company in an executive capacity and assist in the transition of the CFO role. “Todd’s wealth of experiences across all areas of finance coupled with his dedication to our business and people have significantly contributed to the success of Gardner Denver,” said Reynal.
“I am grateful for the contribution he has made over the years including during our initial public offering in 2017, and appreciate his commitment in staying on with us for a period of time to ensure a smooth transition.”
