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Lennox head Bluedorn to step down

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.

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