January 24, 2017 2:12 AM ET


Company Overview of SPX Corporation

Company Overview

SPX Corporation provides specialized engineered solutions worldwide. It operates through three segments: Heating, Ventilation and Air Conditioning (HVAC), Detection and Measurement, and Power. The HVAC segment engineers, designs, manufactures, installs, and services cooling products for the HVAC and industrial markets, as well as boilers, comfort heating, and ventilation products for the residential and commercial markets. The Detection and Measurement segment offers underground pipe and cable locators and inspection equipment, bus fare collection systems, communication technologies, and specialty lighting products. The Power segment provides dry, evaporative, and hybrid cooling systems; rot...

13320-A Ballantyne Corporate Place

Charlotte, NC 28277

United States

6,000 Employees



Key Executives for SPX Corporation

Chief Executive Officer, President and Director
Age: 48
Total Annual Compensation: $511.7K
Chief Financial Officer, Vice President and Treasurer
Age: 46
Total Annual Compensation: $358.9K
President of Weil-Mclain, Marley Engineered Products and Radiodetection
Age: 45
Total Annual Compensation: $357.8K
Chief Human Resources Officer and Vice President
Age: 44
Total Annual Compensation: $336.3K
Vice President, General Counsel and Secretary
Age: 46
Total Annual Compensation: $296.8K
Compensation as of Fiscal Year 2015.

SPX Corporation Key Developments

SPX Corporation Appoints Brian G. Mason as Executive Officer

SPX Corporation announced that Brian G. Mason, president of the company’s Transformer Solutions business, has been appointed as an executive officer of the company. Mr. Mason joined company in his current role at the beginning of 2015 after spending over 14 years with Emerson Electric leading various technology-oriented businesses.  He has also held various leadership roles at General Electric, Winegard, and General Cable.

Christopher J. Kearney Submits Resignation from SPX Corporation Board of Directors, Effective December 31, 2016

On December 2, 2016, Christopher J. Kearney submitted his resignation from the SPX Corporation Board of Directors, effective December 31, 2016.

SPX Corporation Seek Acquisitions

Gene Lowe of SPX Corporation (NYSE:SPXC) said, "We've been doing a lot of organic growth initiatives in all of our businesses. But we've also - we have a front log of I'd say approximately 70 acquisition opportunities."

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