Actuant Announces Executive Appointments

MILWAUKEE, Sep 08, 2011 (BUSINESS WIRE) –
Actuant Corporation currently announced a following executive
appointments: David Scheer as Executive Vice President, Electrical
Segment, William Axline as Executive Vice President, Global Customer
Relationships and Varun Vijay Rao as India Country Leader.

Scheer brings endless retail, electrical indiscriminate and general
government knowledge into a Electrical Segment gained from a variety
of different roles. Most recently, he was COO of a GranQuartz division
of Pearlman Enterprises, a premier distributor of mill tools, equipment
and supplies. Prior to that, he was COO of Sigma Electric Manufacturing,
President of Rexel’s Southeast Division and hold government positions in
Thomas Betts and Electroline Manufacturing. He graduated from
Vanderbilt University with a BA in Economics and perceived an MBA from
Baldwin-Wallace in Cleveland.

Axline transitions from a Electrical Segment purpose into this newly
combined position heading Actuant’s tellurian patron relationship
initiative. As partial of Growth + Innovation, he will precedence a broad
operation of products and services in a portfolio, operative opposite the
businesses to build aloft turn tellurian patron relations and
precedence common patron and marketplace positions on a worldwide basis.

Rao joins Actuant from Arvin Meritor (now called Inteva Products), where
he was Managing Director of their Light Vehicles Systems business in
India. Prior to that, he hold several government roles including product
management, worldwide selling management, and corporate development
plan in both a United States and India. His career story also
includes knowledge with Cummins Inc. as good as several smaller global
firms. He graduated from Elon College in North Carolina with a BS in
Mathematics and Physics, and perceived his MS in Mechanical Engineering
from North Carolina State. In this newly combined role, Rao will work
closely with a businesses and segments to rise and govern growth
strategies and align a India group with a vital prophesy of Actuant.

Mark Goldstein, Chief Operating Officer of Actuant stated, “I am pleased
to acquire David and Varun to Actuant and to have Bill lead this
vicious Growth + Innovation role. All of these executives have a
demonstrated story of building clever patron relations and
encouraged business teams, pushing sales growth, executing continuous
alleviation initiatives and improving profitability. we am assured that
they will make instrumental contributions as we continue to build a
premier tellurian enterprise.”

About Actuant

Actuant Corporation is a diversified industrial association with operations
in some-more than 30 countries. The Actuant businesses are leaders in a broad
array of niche markets including branded hydraulic and electrical tools
and supplies; specialized products and services for appetite markets and
rarely engineered position and suit control systems. The Company was
founded in 1910 and is headquartered in Menomonee Falls, Wisconsin.
Actuant trades on a NYSE underneath a pitch ATU. For serve information
on Actuant and a businesses, revisit a Company’s website at
www.actuant.com .

SOURCE: Actuant Corporation


        Actuant Corporation
        Karen Bauer
        Communications  Investor Relations Leader
        262-293-1562

Copyright Business Wire 2011




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