Hubbell Inc. (Shelton, CT): CEO David Nord (photo above) will retire on Oct. 1. Company President and COO Gerben Bakker will succeed Nord as CEO and company president, according to an announcement by Hubbell’s board of directors. As part of the board’s succession plan, Nord will continue to serve as Hubbell’s executive chairman of the board until the company’s 2021 annual meeting in May to ensure a smooth transition.
Bakker was named president and COO of Hubbell in June 2019, after serving as president of Hubbell’s Power Systems group since 2014. During his tenure as COO, he introduced a new operating rhythm to the enterprise while executing on Hubbell’s strategic initiatives and partnering closely with Nord to guide Hubbell through the COVID-19 pandemic. As president of Power Systems, Bakker oversaw a multi-year period of strong performance, building the electrical T&D components business and leading many key acquisitions, including Aclara, in 2018. Bakker began his career with Hubbell in 1988 as a manufacturing engineer with Hubbell Wiring Systems and has held positions of increasing leadership around the world in both Hubbell’s utility and electrical segments.