th February (2021). Announced today (1 st Feb), Karsanbhai’s promotion is the result of David Farr’s, Emerson’s current CEO, decision to retire after two decades with the company. Farr, who was named CEO in 2000 and Chairman of Emerson’s Board of Directors in 2004, will remain as chairman until 4 th May (2021). “David is a tremendous leader who has brought the company through difficult times – 9/11, the dot-com bubble, the Great Recession and now a global pandemic – with conviction and an unwavering belief in the strength of Emerson,” said Clemens Boersig, Lead Independent Director of Emerson’s board. “Emerson has a long history of strong leaders in the corner office, with David being just the third CEO in the last 66 years. We wish him the best in his retirement and are grateful to have his expertise in the coming months as chairman of the board.”