Release Details

DALLAS, Jan. 8 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) announced the appointment of Richard A. Smith to chief financial officer (CFO) effective January 15, 2001. Smith replaces Clyde Wyant, Lennox' former CFO, who had announced last year his intention to retire.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010108/DAM013 )

Smith was most recently CFO and chief administrative officer for Zonetrader.com, a leading provider of full-service asset management solutions. Before coming to Zonetrader.com, Smith had served since 1990 as vice president of finance and chief financial officer for Arvin Industries, Inc. (now ArvinMeritor, Inc.), a leading global manufacturer of automotive components.

"We're pleased and excited to have Rick join our executive management team," said Bob Schjerven, Lennox chief executive officer. "His extensive financial management background with Arvin, a leading manufacturing company, makes him an excellent fit for Lennox. He has also worked closely with corporate business unit leaders for much of his career and has an in-depth knowledge of the financial aspects of manufacturing operations."

Smith began his career with Ralston Purina, where he was promoted to assistant treasurer and later became assistant to the chief financial officer. He joined May Department Stores, serving first as vice president and treasurer and later as vice president and controller of the company's Payless Shoe Source division, before joining Arvin in 1990. Smith earned a B.S. in Finance from the University of Illinois, a M.B.A. from Northwestern University, and a J.D. from St. Louis University.

Selling heating, ventilation, air conditioning, and refrigeration (HVACR) equipment in over 70 countries worldwide, Lennox International Inc. is a world leader in climate control solutions. It is the parent company of Lennox Industries Inc., Armstrong Air Conditioning Inc., Heatcraft, Inc.; and Lennox Global Ltd. Lennox International stock is traded on the New York Stock Exchange under the symbol "LII". Additional information about Lennox International is available at www.lennoxinternational.com or by contacting Karen O'Shea, vice president, communications and public relations, at 972-497-5258.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see Lennox' publicly available filings with the Securities and Exchange Commission. Lennox disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Lennox International Inc.
Web site: http: //www.lennoxinternational.com
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CONTACT: Karen O'Shea, vice president, communications and public relations of Lennox International Inc., 972-497-5258
CAPTION: DAM013 RICHARD A. SMITH OF LENNOX INTERNATIONAL New Lennox CFO: Lennox International Inc. (NYSE: LII) announced the appointment of Richard A. Smith to chief financial officer effective January 15, 2001. (PRNewsFoto)[PM] DALLAS, TX USA 01/08/2001