SPX Chairman to Retire

06/12/06 - 01:09 PM EDT

TSC and IRIS Staff

SPX(SPW Quote), a maker of pumps, valves and flow control devices, said Monday that its chairman, Charles E. Johnson II, plans to retire from the company's board in February 2007.

He intends to adopt a stock-selling plan, the company said.
This story was created through a joint venture between TheStreet.com and IRIS.
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