(more)
November 17, 2000
FROM: FOR:
Padilla Speer Beardsley Inc. Donaldson Company, Inc.
224 Franklin Avenue West P.O. Box 1299
Minneapolis, Minnesota 55404 Minneapolis, Minnesota 55440
(NYSE: DCI)
Chris Bauer Thomas VanHimbergen
(612) 871-8877 (952) 887-3l3l
Rich Sheffer
(952) 887-3753
FOR IMMEDIATE RELEASE
DONALDSON COMPANY NAMES JEFF NODDLE
TO BOARD OF DIRECTORS
MINNEAPOLIS, Nov.17 -- Donaldson Company, Inc. (NYSE:DCI), announced
today that it has appointed Jeff Noddle to its board of directors effective
immediately.
Noddle is president and chief operating officer of Minneapolis-based
SUPERVALU INC., (NYSE: SVU) responsible for all company operations, including a
retail store network of more than 1,100 stores and its national, industry
leading food distribution network. He is also a director of the company.
SUPERVALU, with annual revenues in excess of $20 billion, is a fast growing
supermarket retailer, currently holding the 10th largest position in the
industry and is this nation's largest distributor to supermarkets.
"Jeff's marketing, logistics and corporate management expertise will be
a great addition to our already strong board of directors," said William Van
Dyke, president and chief executive officer, Donaldson Company. "With nearly 25
years at SUPERVALU, Jeff brings with him a wealth of experience in retailing and
distribution."
Prior to his current position, Noddle was executive vice president and
president and chief operating officer of the food distribution companies for
SUPERVALU since 1995. He joined the company in 1976 and held a variety of
executive positions throughout the company's distribution and retail operations.
Noddle earned his bachelor of art's degree in Business Administration from the
University of Iowa and completed the Wharton School Executive Advanced
Management program. He participates in numerous trade associations and board
activities.
Donaldson Company, Inc., is a leading worldwide manufacturer of
filtration systems and replacement parts. The company's product mix includes:
air and liquid filters and exhaust and emission control products for heavy-duty
mobile equipment; in-plant air cleaning systems; air intake systems and exhaust
products for industrial gas turbines; and specialized filters for such diverse
applications as computer disk drives, aircraft passenger cabins and
semiconductor processing. Products are manufactured at more than three dozen
Donaldson plants around the world and through five joint ventures. The company's
shares are traded on the New York Stock Exchange under the symbol DCI.
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