Dresser-Rand makes leadership, organizational changes

Dresser-Rand Group Inc. announced the following additions to the Dresser-Rand executive leadership team, which became effective January 1, 2009.

Jerry Walker, the newly appointed vice president and general manager of North America Operations, will also assume responsibility for overseeing the Asia Pacific Operations. Walker joins Dresser-Rand after more than 15 years with Honeywell, most recently as VP of global operations where he led all aspects of manufacturing, supply chain and project operations for Honeywell's industrial automation and control business. Walker holds a bachelor of science degree in chemical engineering from Notre Dame University and an MBA from Northwestern University.

Luciano Mozzato, who will assume the role of executive vice president of product services, joins the company from United Technologies where he has held several leadership positions as a general manager in the U.S., South America, and Italy. Mozzato holds a diploma in electrical engineering from ITI University in Italy, and a bachelors degree in mechanical engineering from Hartford University in Connecticut.

Nicoletta Giadrossi is named VP and GM for the European Operations (ESA). Giadrossi, whose most recent industry experience was as the GM leading the downstream business of GE Oil & Gas, received her bachelor of arts degree in mathematics and economics from Yale University, and an MBA from Harvard University.

Sammy Antoun returns to Dresser-Rand as VP and GM of the newly formed MENA (Middle East and North Africa) Operations. Antoun spent 30 years with the company in a variety of positions and brings his unique understanding of the company and its clients to this region. Given the strong interface with the ESA operations based staff, Antoun will report directly to the VP and GM of ESA, Nicoletta Giadrossi. Antoun holds a degree in mechanical engineering from the University of BRNO in the former Czechoslovakia.

According to Vincent R. Volpe Jr., president and CEO, "We are very pleased with the additions to our Executive Leadership team. Jerry, Luciano, Nicoletta and Sammy each bring unique capabilities and leadership skills to our company, which we believe will complement the proven talent and experience of the existing team, to provide great service to our clients and strong returns to our shareholders."

About Dresser-Rand
Dresser-Rand is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. The Company operates manufacturing facilities in the United States, France, United Kingdom, Germany, Norway, India and China, and maintains a network of 33 service and support centers covering more than 140 countries.