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Dover President/CEO Livingston to retire; Tobin to take charge

Mar. 20, 2018 11:28 AM ETDover Corporation (DOV) StockDOV, CNHIBy: Carl Surran, SA News Editor
  • Dover (DOV +4%) says President and CEO Robert Livingston will retire effective April 30 after a 35-year career with the company, to be succeeded by former CNH Industrial (CNHI -1.4%) CEO Richard Tobin.
  • Tobin, a member of DOV's board since 2016, was CNH Industrial's CEO during 2013-18 after serving as Group COO of Fiat Industrial
  • CNH said yesterday that Tobin was resigning, with company executive Derek Neilson taking over on an interim basis.
  • Livingston has been DOV's President and CEO since 2008 after joining the company in 1983.

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