MANSFIELD -- The Gorman-Rupp Company (NYSE: GRC) announced Friday that at the annual meeting of the shareholders of The Gorman-Rupp Company on April 22, 2021, Scott A. King was elected to the Board of Directors.
“We are delighted that Mr. King is joining our Board," said Jeffrey S. Gorman, Chairman and CEO. "He joins as a Director with a valued background and deep knowledge of the pump industry and the Company’s products, customers, and competitors that will add important insight to our Board.”
King, 46, is President and Chief Operating Officer of the Company. Mr. King was elected President on January 1, 2021 and retained his role as Chief Operating Officer after previously serving as Vice President and Chief Operating Officer since April 2019.
King has been with the Company since 2004 and has held various operational leadership roles during this time. Prior to joining the Company, he served in various capacities with Fortune 500 diversified industrial manufacturers.
In addition, the board also declared a quarterly cash dividend of $0.155 per share on the common stock of the Company, payable June 10, 2021, to shareholders of record May 14, 2021.
This will mark the 285th consecutive quarterly dividend paid by The Gorman-Rupp Company.
About The Gorman-Rupp Company
Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump systems for use in diverse water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications.