Before the Oilholic called time on CERAWeek 2019, this blogger had the absolute pleasure of meeting and greeting David Farr, the inimitable Chief Executive and Chairman of energy industry vendor Emerson Electric (NYSE:EMR) on the sidelines of the event on March 13.
Farr, who has been Emerson's boss since 2000, has overseen the company's market valuation double under his stewardship. In a wide-ranging discussion, the industry captain touched on Emerson's performance, the Industry 4.0 challenge, change management, and more.
No conversation would have been complete without touching on the portfolio shake-up that Farr has brought about at Emerson, and the unsuccessful bid for Rockwell Automation that did not turn out to be so bad in the end!
Ultimately, it all bottles down to corporate agility, and Farr said Emerson's two broad business streams - Automation and Commercial and Residential solutions - encompassing a diverse range of brands and businesses is working out pretty well.
That's all for the moment folks! Keep reading, keep it crude!
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© Gaurav Sharma 2019. Photo: David Farr (left) with Gaurav Sharma on March 13, 2019 at CERAWeek in Houston, Texas, USA.