CIRCOR Names Rajeev Bhalla as Chief Financial Officer

  CIRCOR Names Rajeev Bhalla as Chief Financial Officer

  Former Sikorsky and Pratt & Whitney CFO Brings Deep Global Experience and
                         Strong Financial Leadership

Business Wire

BURLINGTON, Mass. -- November 18, 2013

CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other
highly engineered products for markets including oil & gas, power generation
and aerospace, today announced that Rajeev Bhalla will join the Company as
Executive Vice President and Chief Financial Officer on December 2, 2013. Mr.
Bhalla currently is the Vice President and Chief Financial Officer for
Sikorsky Aircraft Corporation, a subsidiary of United Technologies
Corporation, where he is responsible for all of Sikorsky’s global financial
operations as well as its corporate strategy. He replaces Fred Burditt, who
announced his planned retirement in August 2013.

“I’m excited to welcome Rajeev as CIRCOR’s new chief financial officer,” said
President and CEO Scott Buckhout. “Rajeev’s experience in managing global
financial operations for successful multinational organizations will be a
valuable asset as we grow CIRCOR in key international markets. We also look
forward to leveraging Rajeev’s expertise in formulating corporate strategy,
including acquisitions and divestitures. The success of our plan to drive
exceptional growth while expanding margins and improving cash flow requires a
CFO with a strong combination of operational acumen and global finance
expertise. We have found that in Rajeev.

“I also would like to thank Fred Burditt for his years of dedicated service to
CIRCOR. The Company made significant progress during his tenure, and we all
wish him well on his retirement,” concluded Buckhout.

Rajeev Bhalla said, “In joining CIRCOR, I see a tremendous opportunity to
leverage my experience and expertise in building upon a strong foundation to
drive global growth and improved operating results. CIRCOR sells into good end
markets where there are significant opportunities to increase revenues, both
organically and through acquisitions. I am equally excited about the
opportunity to improve margins and cash flow by simplifying CIRCOR and
improving operations. I look forward to working with the entire CIRCOR team to
execute on our growth and operations strategy.”

About Rajeev Bhalla

Rajeev Bhalla, age 50, became Vice President, Finance and Chief Financial
Officer for Sikorsky Aircraft Corporation in May 2012. He joined Sikorsky from
United Technologies’ Pratt & Whitney division where he had served as Vice
President and Chief Financial Officer since 2005 and was responsible for all
financial operations worldwide. Prior to that, Mr. Bhalla served as Vice
President and Corporate Controller for Lockheed Martin Corporation and as a
partner with Price Waterhouse, serving large multinational, technology and
middle-market clients in a variety of industries. He holds a Bachelors of
Business Administration - Magna Cum Laude from the University of
Massachusetts, and is a Certified Public Accountant. In addition, Mr. Bhalla
is a member of the American Institute of CPAs and the Massachusetts and
Connecticut Society of CPAs.

About CIRCOR International, Inc.

CIRCOR International, Inc. designs, manufactures and markets valves and other
highly engineered products for markets including oil & gas, power generation
and aerospace. With more than 7,500 customers in over 100 countries, CIRCOR
has a diversified product portfolio with recognized, market-leading brands.
CIRCOR’s culture, built on the CIRCOR Business System, is defined by the
Company’s commitment to attracting, developing and retaining the best talent
and pursuing continuous improvement in all aspects of its business and
operations. The Company’s strategy includes growing organically by investing
in new, differentiated products; adding value to component products; and
increasing the development of mission-critical subsystems and solutions.
CIRCOR also plans to leverage its strong balance sheet to acquire
strategically complementary businesses. For more information, visit the
Company’s investor relations web site at http://investors.circor.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Reliance should not be placed on
forward-looking statements because they involve unknown risks, uncertainties
and other factors, which are, in some cases, beyond the control of CIRCOR. Any
statements in this press release that are not statements of historical fact
are forward-looking statements, including, but not limited to, those relating
to CIRCOR’s future performance. Actual events, performance or results could
differ materially from the anticipated events, performance or results
expressed or implied by such forward-looking statements. BEFORE MAKING ANY
INVESTMENT DECISIONS REGARDING OUR COMPANY, WE STRONGLY ADVISE YOU TO READ THE
SECTION ENTITLED "RISK FACTORS" IN OUR MOST RECENT ANNUAL REPORT ON FORM 10-K
AND SUBSEQUENT REPORTS ON FORMS 10-Q, WHICH CAN BE ACCESSED UNDER THE
"INVESTORS" LINK OF OUR WEBSITE AT WWW.CIRCOR.COM. We undertake no obligation
to publicly update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise.

Contact:

Sharon Merrill Associates, Inc.
David Calusdian, 617-542-5300