OPW Fueling Components Appoints Rahul Deshmukh General Manager of its Newly Formed OPW-FC Business Unit

by OPW | Mar 03, 2009

CINCINNATI, OHIO – March 3, 2009 – OPW Fueling Components, A Dover Company (NYSE: DOV) and the global leader in commercial and retail fueling equipment, announced today that it has promoted Rahul Deshmukh from VP, OPW Dispensing Products, a position he has held for the past 16 months, to the position of General Manager of its newly formed OPW-FC Business Unit. OPW recently streamlined its six business unit structure into three as part of a new strategic growth initiative introduced by OPW President, David Crouse. The three business units are OPW Fueling Components (OPW-FC), Fueling Containment Systems (OPW-FCS) and Fuel Management Systems (OPW-FMS).

The OPW-FC business unit will be responsible for OPW's Dispensing products and systems, AST products and systems, CleanEnergy™ Fueling Products, and Richards' products.

Mr. Deshmukh will report directly to the President with complete P&L, Operating, and Balance Sheet responsibilities for the OPW-FC business unit. He will be responsible for developing and implementing short and long-term growth strategies and initiatives across all disciplines of the OPW-FC business unit.

"Rahul's process-orientation and strategic and tactical leadership experience makes him the ideal choice for this critical new position," stated David Crouse, OPW President. "We are very pleased to have his talents and management skills at work on our behalf, focused on driving OPW to achieve its business objectives."

Rahul holds a Bachelor of Engineering Degree from the University of Bombay - India and a Masters of Business Administration from the John M. Olin School of Business, Washington University, St. Louis, MO.

Mr. Deshmukh's 19-year business career has included positions as the Director of Marketing & Strategic Planning for Daniel Measurement & Control, Inc. (A division of Emerson Process Management); Manager-Strategic Planning and Business Development for Emerson Process Management (A business segment of Emerson) St. Louis, MO; and Operations Manager for Varun Polymol Organics Ltd. in Bombay, India.

For additional information please contact Kelly Klodell at 1-513-870-3134.

OPW Fueling Components is the global leader in dispensing products, environmental systems, secondarily contained fuel delivery systems, fuel management systems and clean energy fueling products, including dispensing nozzles for vapor recovery, gasoline, diesel, LPG, Hydrogen and CNG; swivels, breakaways, valves and fittings; underground and above ground storage tank equipment, spill containers, overfill prevention devices, secondary containment sumps and flexible piping; tank gauging equipment and automated fuel management systems.  OPW is part of the Fluid Management Segment of Dover Corporation (NYSE: DOV).