Donaldson names COO Richard Lewis to succeed Todd Carpenter as CEO

Donaldson (DCI) Company announced that the company’s board of directors has elected chief operating officer Richard Lewis as president and chief executive officer, effective March 2, 2026. Lewis will succeed Tod Carpenter, who will transition to executive chairman after a career spanning 30 years at the company, including the past 11 years as president and chief executive officer. Lewis will also join the company’s Board. “On behalf of the Board, we extend our sincere appreciation to Tod for his exceptional leadership and decades of service,” said Christopher Hilger, Lead Independent Director. “Under Tod’s leadership, the Company significantly expanded revenue and profit, strengthened its operating model, and created long-term shareholder value by fostering a strong, principled culture. With Rich’s deep understanding of Donaldson’s businesses and operations, the Board is confident the Company will continue to execute well and build on its long track record of success.”