Crane Holdings, Co. announced the appointment of Aaron W. Saak to the position of President and CEO of Crane NXT, a premier Industrial Technology business. Crane had previously announced it will form Crane NXT as part of its planned separation into two independent, publicly traded companies through a transaction currently expected to be completed in early April 2023.

Mr. Saak has served as President and CEO of Mobility Solutions and President of Gilbarco Veeder-Root (GVR), a subsidiary of Vontier Corporation, the global technology leader in retail fueling systems, payment technology, and related solutions, with approximately $2 billion in revenue, 6,000 employees and sales in over 40 countries. During his tenure, he developed and executed a strategy focused on driving growth within the core business, diversifying and expanding into emerging markets, and adding new technologies to prepare the organization for the future. He successfully completed multiple acquisitions focused on diversifying into higher growth, recurring revenue business models, while consistently driving sales growth and margin expansion.

Prior to joining GVR, Mr. Saak spent eight years at Tyco International in roles of progressive responsibility, including a tenure as Vice President and General Manager for the SimplexGrinnell division, a multi-billion revenue business with over 100 offices across the U.S., where he orchestrated and managed a major organizational transformation. Mr. Saak's career also included ten years at General Electric with continuous expansion of responsibilities. Mr. Saak holds a B.S. in Ceramic Engineering from the University of Illinois at Urbana-Champaign, an M.S. in Industrial Engineering and Management Science from Northwestern University, and a Ph.D. in Material Science and Engineering from Northwestern University.