WESTLAKE, Ohio–(BUSINESS WIRE)–Nordson Corporation (NASDAQ: NDSN) has announced that Anand Patel will succeed Ray Cushing as vice president, treasury and finance after Ray’s upcoming retirement.
Anand will join Nordson on September 26 from OI Glass, Inc. (Nasdaq: OI), a global manufacturing company, where he served as vice president and treasurer. He has held positions of increasing responsibility at OI since 2013, and before that he was a senior manager at Deloitte Tax LLP for nine years.
Joe Kelley, executive vice president, chief financial officer, said, “We look forward to welcoming Anand to Nordson’s finance team. His expertise and experience gained during his professional career with major global manufacturing organizations will serve him well in supporting Nordson’s next chapter of profitable growth.”
Mr. Patel was most recently responsible for OI’s global treasury function, including planning and executing capital market transactions, managing liquidity for OI’s global operations, developing and maintaining relationships with global banking and bondholders, managing currency and interest rate risk, determining capital allocation priorities, and more. At OI, he led a global team in several countries.
Anand succeeds Ray Cushing, who plans to retire at the end of the calendar year after 42 successful years with the company.
Joe Kelley said, “On behalf of the entire Nordson finance team, I would like to thank Ray for his outstanding financial stewardship of the company. Ray successfully led Nordson’s treasury function from supporting a $200 million company to a company with more than $2.5 billion in revenue. That’s an incredible achievement and one he can be proud of as he moves on to the next chapter in his retirement.”
Nordson Corporation is an innovative precision technology company leveraging a scalable growth framework through an entrepreneurial, division-driven organization to deliver top growth with industry-leading margins and returns. The company’s direct sales model and application expertise serves global customers through a wide variety of critical applications. Its diverse end-market exposure includes unsustainable consumer, medical, electronic and industrial end-markets. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 35 countries. Visit Nordson on the web at www.nordson.com, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.