DALLAS, April 2, 2002 (PRIMEZONE) -- Dresser, Inc. President and CEO Patrick Murray today announced the appointment of Stuart M. Brightman to the position of president of Dresser Flow Control, a business unit of Dresser, Inc. Mr. Brightman was previously president, Americas Operations for the business unit, and will report to Mr. Murray in his new position.
"Stu has played a key role in the success of Dresser, Inc.," said Murray. "His proven track record and leadership skills have made him a valuable asset to the company."
Mr. Brightman started his career in 1978 with Arthur Young in Boston, Massachusetts. In 1982, he joined Cameron Iron Works in Houston, Texas as assistant controller of the Oil Tool Division. He subsequently served in Scotland as a plant manager and general manager of ball valve products. After Cooper Industries acquired Cameron Oil Tools in 1991, he was assigned as product sales manager of Transmission and Distribution Products for Cooper Oil Tools in Houston. In 1993, Mr. Brightman joined Wheatley TXT Corporation as senior vice president of operations. Following the acquisition of Wheatley TXT by Dresser Industries, Inc. in 1994, he was appointed senior vice president of the Dresser Oilfield Valve Division. In 1995, Mr. Brightman was promoted to president of the division, then made president of US operations of the newly formed Dresser Energy Valve Division that later became part of Dresser Flow Control. In early 2001, Mr. Brightman was part of a management team that led the leveraged buyout of Dresser Equipment Group (the present Dresser, Inc.) by investment firms First Reserve Corporation and Odyssey Investment Partners LLC.
Mr. Brightman holds a Bachelor of Science degree in Economics from the University of Pennsylvania (1978) and a Master of Business Administration degree from the Wharton School of the University of Pennsylvania (1982). He and his wife Randi are the proud parents of two children, David and Lauren.
Dresser Flow Control, a business unit of Dresser, Inc., is a worldwide leader in the design, manufacturing and supply of valves, pumps, actuators, meters, regulators, piping specialties, and control solutions for the exploration & production, transmission, and distribution sectors of the oil & natural gas industries. Dresser Flow Control's website can be accessed at flowcontrol.dresser.com.
Headquartered in Dallas, Texas, Dresser, Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement systems, and power systems segments of the energy industry. Dresser has a widely distributed global presence, with over 8,500 employees and a sales presence in over 100 countries worldwide. The company's website can be accessed at www.dresser.com.