Mr. Signorini most recently served as the Vice President Global Non-Nuclear Sales at Westinghouse Electric Company and as President and Chief Executive Officer of Mangiarotti SpA, a subsidiary of Westinghouse Electric. Prior to that, Mr. Signorini spent 14 years at IDEX corporation in roles of increasing responsibility, including President of IDEX Italy and IDEX France. He also held sales and operations positions for Ruud Lighting.
"I am thrilled to have Mario join the Modine team," said Peace. "Modine has a strong position in the commercial and industrial refrigeration market in Europe, and a growing presence in North America. The move towards natural refrigerants presents a clear opportunity, as we have a leading position in the use of CO2 for the refrigeration and air-conditioning markets. Systems that use CO as a refrigerant offer very high heat exchange performance at a fraction of the global warming potential (GWP) of chemical refrigerants. These systems are increasingly the first choice of many of our customers and we are in a strong position to capitalize on this trend."