AAON AAON Inc.

AAON Announces Executive Leadership Change

AAON Announces Executive Leadership Change

TULSA, Okla., Aug. 10, 2022 (GLOBE NEWSWIRE) -- On August 9, 2022, Gene Stewart notified AAON, Inc. (the “Company”) leadership of his decision to resign as Executive Vice President effective as of August 16, 2022.

Mr. Stewart returned to the Company in April 2020 as President of our AAON Coil Products, Inc. subsidiary in Longview, Texas. After successfully transforming our Longview operations, in January 2022, Gene was promoted to Executive Vice President of the Company, at our Tulsa, Oklahoma facilities.

Gary D. Fields, President and CEO, said, “I would like to thank Gene for his contributions over the last two and a half years. Gene led the successful effort to transform our Longview, Texas facility and it is now positioned well for long term success. Gene has had a profound impact on our aftermarket business strategy, including during his prior role as the Company’s Aftermarket Business Leader – Parts and Warranty Service, that he held from January 2013 through January 2015, and has played an important role in the build-out of our new marketing platform. Gene has also contributed to making our operations team and sales channel stronger and more robust, and we wish him all the best in the future.”

Mr. Stewart commented, “It has been my distinct pleasure to serve as President of AAON Coil Products and Executive Vice President of AAON. I have tremendous respect for Gary Fields and the entire AAON leadership team. It will be exciting to watch AAON continue to transform the industry in the coming years.”

About AAON

Founded in 1988, AAON is a world leader in HVAC solutions for commercial and industrial indoor environments.  The Company's industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance and long-term value.  AAON is headquartered in Tulsa, Oklahoma, where its world-class innovation center and testing lab allows AAON engineers to continuously push boundaries and advance the industry.   For more information, please visit

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “should”, “will”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events.

Contact Information

Joseph Mondillo

Director of Investor Relations

Phone (617) 877-6346

Email:  

 



EN
10/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AAON Inc.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

PX Forming Coiled Spring Between 4200 and 4050 We continue believe that upside is limited with the S&P 500 testing the top-end of our anticipated 2023 trading range (4165-4200). Our gameplan remains unchanged; reduce risk near resistance (where we are now) and add risk near support (the December 2022 lows at 3765 and/or the 2022 lows at 3490). Therefore, we continue to recommend a tactical overweight to defensives (Consumer Staples, Utilities, Health Care, and gold miners). A break above 4200 o...

 PRESS RELEASE

AAON Achieves Platinum in 2022 Sustainability Alliance Scor3card

AAON Achieves Platinum in 2022 Sustainability Alliance Scor3card TULSA, Okla., Dec. 13, 2022 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ: AAON), a leader in innovation and production of premium-quality, high-performance, and energy-efficient HVAC products for commercial, and industrial buildings announces the achievement of Platinum Level in the 2022 Sustainability Alliance Scor3card verification program. The Company received a Platinum score in 2021 and 2020, Gold in 2019, and Bronze in 2018. A Scor3card Platinum level requires completing more than 85 percent of eligible directives, in the ca...

 PRESS RELEASE

AAON Selects a Lower Global Warming Potential R-454B Refrigerant to Re...

AAON Selects a Lower Global Warming Potential R-454B Refrigerant to Replace R-410A in its Product Lines TULSA, Okla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ: AAON), a leader in innovation and production of premium-quality, high-performance, and energy-efficient HVAC products for commercial, and industrial buildings, announces that it has selected the lower Global Warming Potential (GWP) R-454B refrigerant, replacing R-410A in its products. AAON anticipates it will begin using R-454B refrigerant in select products by the end of the third quarter of 2023 and will transition t...

 PRESS RELEASE

AAON Increases Semi-Annual Cash Dividend & Authorizes $50 Million for...

AAON Increases Semi-Annual Cash Dividend & Authorizes $50 Million for Stock Buyback Program TULSA, Okla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ: AAON) (“AAON” or the “Company”), today announced that its Board of Directors has declared the Company’s next regular semi-annual cash dividend of $0.24 per share (or $0.48 annually), an increase of 26%, payable on December 16, 2022 to stockholders of record as of the close of business on November 28, 2022. The Company also announced today that its Board of Directors has authorized the Company to make up to $50.0 million in purcha...

 PRESS RELEASE

AAON Reports Record Sales, Earnings & Backlog for the Third Quarter o...

AAON Reports Record Sales, Earnings & Backlog for the Third Quarter of 2022 TULSA, Okla., Nov. 07, 2022 (GLOBE NEWSWIRE) -- AAON, INC. (NASDAQ-AAON), a provider of premier, configurable HVAC solutions that bring long-term value to customers and owners, today announced its results for the third quarter of 2022. Net sales for the third quarter of 2022 increased 75.1% to a record $242.6 million from $138.6 million in the third quarter of 2021. Organic volume growth and product mix contributed approximately 26.9% to year over year growth. Volume growth reflected the Company's strong backlog...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch