USA: Todd Bluedorn, chairman and CEO of Lennox since 2007, has announced he will step down from the roles next year.
Seeking to create a “better balance between his personal and professional priorities”, Bludorn will leave in in mid-2022.
“It has been a privilege to lead LII [Lennox International Inc] these past 15 years and I’m extremely proud of all we’ve accomplished together,” said Bluedorn.
During Bluedorn’s tenure, the company’s market capitalisation grew from $2.5bn to over $13bn.
The Lennox board says it has commenced a search for the company’s next CEO.