Annapolis Junction, MD, Sept. 19, 2017 (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX), a leading global manufacturer of gas and fluid-handling and fabrication technology products and services, today announced that it has appointed Didier Teirlinck, strategic advisor to the CEO of Ingersoll Rand and formerly the executive vice president of Ingersoll Rand’s Climate segment, to its Board of Directors. This appointment increases the size of Colfax’s Board of Directors to ten members at the present time. In light of this appointment, San Orr, Partner & Chief Operating Officer of BDT Capital Partners, LLC, will retire from the Board effective with the 2018 Annual Meeting.

Mitchell P. Rales, Chairman of the Board of Colfax, said, "We are very pleased to have Didier join our Board. He has extensive global operations experience and has been successful in integrating software solutions into critical and expanding markets such as climate. His addition to the Board will further support Colfax in driving innovation deeper into our businesses. I am confident that his knowledge and experience will assist the Board and the Colfax management team in executing Colfax’s long-term growth plans. Further, we are greatly appreciative of San’s service on our Board and look forward to a continued long term partnership with BDT.”

Mr. Teirlinck announced his future retirement from Ingersoll Rand on September 5, 2017, at which time he was appointed as a strategic advisor to the CEO of Ingersoll Rand until his retirement in 2018. Prior to this announcement, he served since November 2013 as executive vice president for Ingersoll Rand’s Climate segment, overseeing climate businesses around the world and enhancing competitive position and market share. After joining Ingersoll Rand in 2005, Mr. Teirlinck served as president of Climate Control in Europe before becoming President of the global Climate Solutions sector in 2009. Before joining Ingersoll Rand, he was President of Volvo Construction Equipment’s Compact Business Line worldwide and was previously general manager of DANISCO Flexible Group for southern Europe. Mr. Teirlinck holds a Diploma of “Ingénieur Civil des Mines” from Ecole Nationale Supérieure des Mines de Nancy, France. He also received a Diploma of “Docteur-Ingénieur” in Physics & Chemistry of Materials from Universite de Nancy II, and Ph.D. in Metallurgy & Materials Science from McMaster University.

About Colfax Corporation

ABOUT COLFAX CORPORATION – Colfax Corporation is a diversified global manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to customers around the world under the Howden, Colfax Fluid Handling and ESAB brands. Colfax believes that its brands are among the most highly recognized in each of the markets that it serves. Colfax is traded on the NYSE under the ticker “CFX.” Additional information about Colfax is available at www.colfaxcorp.com.