The NIBCO Board of Directors named Steven Malm CEO of the Elkhart, Indiana-headquartered valve manufacturer. Malm will continue to serve as president and a member of the board. Rex Martin will continue as chairman of the board, a role he’s held since 1995.
“Steve’s vast industry knowledge, extensive global sales and marketing experience, and astute business acumen, make him an excellent leader for NIBCO and fully qualified for the role,” Martin said in announcing Malm’s appointment.