Colfax Corporation CFX today announced that Matthew L. Trerotola, formerly an Executive Vice President at DuPont, has been named Chief Executive Officer and a Director of Colfax, effective July 24, 2015. He succeeds Steven E. Simms, who will assist in the transition and will continue to serve on the Colfax Board. Mr. Simms notified the Board early this year that he planned to retire, and the Board subsequently undertook a search for a replacement.
Mr. Trerotola, 48, has spent most of his career at DuPont, Danaher Corporation, and McKinsey & Company. He was most recently an Executive Vice President and a member of DuPont's Office of the Chief Executive, responsible for DuPont's $6.3 billion Electronics & Communications and Safety & Protection segments. He also had corporate responsibility for DuPont's Asia-Pacific business. Many of his roles at DuPont involved applying innovation to improve margins and accelerate organic growth in global businesses. Prior to rejoining DuPont in 2013, Mr. Trerotola had served in leadership roles at Danaher since 2007, and was most recently Vice President
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