Mike Bauer will oversee Moen's U.S.
business units in his new position as president, U.S. businesses, and David
Lingafelter will maintain his current role as president of Moen while focusing
on the company's long-term global growth.
TOTO’s expansion into the Brazilian market is a part
of the company’s “Vision Plan 2017.” The company has set the growth of its
international operations as a primary focus for its goal to reach $7.3 billion
in annual sales by its 100th anniversary in 2017.