Whirlpool Corp. said Tuesday that it has appointed two new members to its board of directors.
The appointment of Samuel R. Allen and John D. Liu is effective as of Wednesday.
Allen, 56, is chairman and CEO of agricultural equipment maker Deere & Co., while Liu, 42, is CEO of Essex Equity Capital Management, an investment management firm.
The additions increase Whirlpool’s total board to 14 members.
Shares of the appliance company rose $1.08 to $99.31 in mid-day trading.
Industry Outlook: How Does Your Dealership Stack Up?
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
