Circor appoints new CEO

Circor International Inc has appointed Saif Siddiqui as chief executive officer, succeeding Tony Najjar, who has transitioned to vice chairman of the company’s board of directors.
The leadership transition is part of the Circor board’s focus on long-term value creation as the global manufacturer of flow control products for industrial, naval and aerospace markets enters its next growth phase. The company confirmed its strategy remains unchanged.
Siddiqui most recently served as chief strategy officer at Carrier Global Corporation, where he also held senior leadership roles across Asia Pacific and global commercial fire and controls. He holds an MBA from Yale University and a Bachelor of Engineering from India’s National Institute of Technology.
“We want to thank Tony for his leadership as CEO and the progress Circor has made under his direction, and we’re pleased to have him continue supporting the company as vice chairman,” said Dan Daniel, executive advisor for KKR Americas Private Equity and chair of the Circor board of directors. “We are excited to have Saif join Circor as CEO, and we are confident in the strong leadership and depth of experience he brings to build on our momentum, executing our strategy with discipline and creating long-term value.”
“Serving as CEO of Circor over the past four years has been the privilege of a lifetime,” said Najjar. “I’m especially proud of making all 3,500 of our employees owners in Circor’s success, and I am thrilled with what they have been able to accomplish as a result: stepping up, accelerating our success, and delivering for our customers every day. Our company is well positioned for continued growth, and I am confident that under Saif’s leadership and our strong team across the globe, Circor will continue to reach new heights. I look forward to continuing to support Saif and our leadership team from my new role as vice chairman of the board.”