nVent Electric plc (NYSE: NVT), a leading player in electrical connection and protection technologies, has revealed key changes within its leadership team. Starting March 31, 2025, Gary Corona will take on the role of Executive Vice President and Chief Financial Officer (CFO), succeeding Sara Zawoyski. Zawoyski will move into a new position as President of Systems Protection, the business previously known as Enclosures.
Gary Corona’s Proven Financial Leadership
Gary Corona is set to bring extensive financial expertise to his new role at nVent. Before joining the company, he was Senior Vice President of Corporate Finance at Medtronic. During this time, he also served as Interim CFO from August 2024 to March 2025. Prior to his Medtronic tenure, Corona spent more than 25 years at General Mills, where he held several leadership positions in business and enterprise finance. His broad experience spans financial planning and analysis, mergers and acquisitions, strategic planning, supply chain management, and business transformation.
Strategic Moves for Future Growth
This leadership shakeup is part of nVent’s ongoing efforts to strengthen its executive team and fuel future growth. With Gary Corona’s wealth of experience, the company is poised to navigate new financial and operational strategies. Alongside the CFO transition, nVent is also focusing on expanding its reach with strategic leadership adjustments, helping to shape the company’s next phase of development.
nVent’s restructuring is aligned with its commitment to becoming a high-growth, globally focused electrical company. Notable actions already taken include the sale of its Thermal Management business and the acquisition of Trachte. Additionally, nVent is in the process of acquiring Avail Infrastructure Solutions’ Electrical Products Group for $975 million, expanding its footprint in essential sectors like data centers and power utilities.
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