EnPro Industries Inc. has promoted company executive Marvin Riley to be its chief operating officer, according to a filing Monday with the Securities and Exchange Commission.
Riley, 43, served as president of the company’s Fairbanks Morse division since May 2012. Prior to that, Riley served as vice president, manufacturing, of EnPro since December 2011.
Riley served as vice president of global operations of EnPro’s GGB division from November 2009 until November 2011 and as vice president of operations Americas, GGB division, from July 2007 until November 2011.
Prior to joining EnPro, he was an executive with General Motors vehicle manufacturing operation and held multiple positions of increasing responsibility from 1997 to 2007 within General Motors.
Riley’s base salary has been boosted to $360,000 from $310,000 in 2016 with his new position.
His annual incentive performance plan award was also adjusted for the remainder of 2017 to establish a target based on 70 percent of his prorated salary for 2017 with corporate-level performance objectives, and he was awarded restricted stock for 4,000 shares of EnPro stock.
Charlotte-based EnPro, a diesel engine maker and industrial manufacturer, employs nearly 4,500 people worldwide and manufactures products through its three operating segments: sealing products, engineered products and power systems.
EnPro shares closed Monday at $72.38, down 24 cents.