Emerson 2006 Annual Report Download - page 7

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4 | 5
Walter J. Galvin
Senior Executive Vice President
and Chief Financial Ofcer
Charles A. Peters
Senior Executive Vice President
Edward L. Monser
Chief Operating Ofcer
David N. Farr
Chairman, Chief Executive
Ofcer, and President
Together, this group of leaders is forging the path for
Emerson. They are developing new technologies and
solutions that are Forward Thinking. They’re tapping into
skills and experience around the world to offer customers
the benet of our Global Focus. They’re demonstrating our
Sustained Innovation. And all the while, they’re working
closely with customers to demonstrate a solid record of
Customer Results.
These are the essentials of Emerson’s success — identifying
new opportunities and powering our businesses with the best
people and resources so that Emerson is in a position to win.
Emerson’s success and strength are much deeper than just
these business leaders. They will be the rst to tell you that
people throughout their organizations are great leaders with
signicant expertise in their industries. The stories on the
following pages give us a glimpse into their worlds.
It is extremely important to Emerson that we maintain the
reputation of a highly ethical company. Maintaining that
reputation is critical to our success, and we continually
communicate the highest ethical standards to employees
around the world. Customers and investors alike tell us
they value this integrity, and we will continue to reinforce
Emerson’s commitment to ethical behavior in every
day-to-day activity.
Emerson has seen much change over its history, and more
change is inevitable going forward. Winning companies
see the change coming, accept it, understand it, and make
it work for them. We’re especially proud of our many
recent accomplishments and look forward to the many
opportunities ahead.
We thank our shareholders and board of directors for their
support, and in particular, we want to welcome Randall
Stephenson, chief operating ofcer of AT&T, to our board.
Randall’s strong experience in nance, operations, and one of
the most complex acquisitions in recent corporate history will
be a valuable asset to Emerson.
_ $20
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2006
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1956
Dollars in billions | Net sales as originally reported in the company’s annual reports.