World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Daikin Americas CEO Mike Schwartz to step down

USA: Daikin Applied Americas president and CEO Mike Schwartz has announced his intention to retire from his position at the end of August.

Schwartz has been president and CEO since September 2011. When he joined, he was charged with transforming a complacent organisation into a high performing contender in the marketplace.

Under his watch, Daikin Applied Americas increased manufacturing capacity by 75%, doubled the employee base to 4,900, including throughout North, Central and South America, and transformed the company from an equipment manufacturer to a solutions provider by developing a connected solutions business, acquiring interest in software and systems integration companies, and strengthening the sales and service channels

His success was recognised with a position on the board of parent company Daikin Industries in 2019.

Prior to joining Daikin, Mike Schwartz led the financial turnaround of RathGibson LLC, a privately held manufacturer of precision engineered industrial tubing. He also held key leadership roles at Lennox International from 1997-2005, including president and COO of its Armstrong Air Conditioning business, as well as president and COO of its residential and light commercial business, and Lennox’s Heatcraft refrigeration business. 

He started his career in 1981 at Bohn Heat Transfer, which was acquired by Lennox in 1989. 

Latest News

18th March 2024

Joint venture adopts Epta brand

ITALY: All activities under the recently announced Epta and Viessmann Refrigeration joint venture are to operate under the Epta brand.
18th March 2024

Low carbon heat briefing

UK: The SIRACH network is hosting a half-day briefing at London’s iconic Shard to share the findings of the Lot-Net project. 
18th March 2024

UK heat pump uptake too slow

UK: The UK must achieve an eleven-fold increase in heat pump installations if it is to hit government targets of 600,000 heat pumps installed per year by 2028.
18th March 2024

Refrigeration’s star engineer Forbes Pearson dies

UK: Stephen Forbes Pearson, co-founder of Star Refrigeration and one of the world's greatest refrigeration engineers, has died at the age of 92.
17th March 2024

132 Güntner dry coolers for Red Sea project

SAUDI ARABIA: German manufacturer Güntner has supplied 132 dry coolers, each with 18 fans, to a 32,500TR district cooling project in Saudi Arabia.
17th March 2024

NZ professor brings fridge workshops to UK

UK: Don Cleland, a professor of process engineering at Massey University in New Zealand, is hosting a series of refrigeration workshops in London this summer.