Grundfos Group will appoint Catherine Yang as new Regional Managing Director of its China Sales Region, effective 1 March 2018. In this function, Catherine will be based at the Regional Headquarters in Shanghai reporting to Executive Vice President Poul Due Jensen. She follows Mr. Humphrey Lau, who is now Regional Managing Director of Grundfos’ Western Europe Sales Region.
Catherine Yang joins Grundfos from a previous position as Managing Director of Carrier Commercial Refrigeration Asia, at United Technologies Corporation (UTC), in Shanghai where she has led the Commercial Refrigeration business in Asia with operations in several countries and regions. Catherine Yang has over 22 years working experience, including 13 years in China, 8 in the US, and 1 in the UK.
Catherine Yang started her career as a software engineer in the telecommunications industry in the US. Later she became an investment banker at UBS in New York, where she advised corporate clients on corporate finance strategies and executed M&A and financing transactions. In the past 13 years, she has worked for UTC and has had a broad range of responsibilities such as leading various business development efforts in Asia as well as establishing and managing joint ventures in China, India, Egypt and Latin American countries in collaboration with a leading Chinese appliance company. As Managing Director responsible for the Commercial Refrigeration business in Asia, Catherine was responsible for sales, service, R&D, and operations. Further, Catherine Yang has hands-on experiences in developing long term partnerships with Chinese partners and in building business relationships with large appliances and HVAC companies in China.
Catherine Yang holds a bachelor’s degree in computer sciences from the University of Texas at Austin and a master’s degree in information networking from Carnegie Mellon University. She also holds an MBA degree from the Wharton School at the University of Pennsylvania. Catherine is bilingual in Chinese and English. She is a US citizen, born and raised in China.
EVP Poul Due Jensen: “I am very pleased that Catherine Yang will be leading our very important China Sales Region, where we have seen very good sales growth for the past many years, and our market position is solid. We are confident that Catherine Yang’s experience and competences is a perfect match to lead our continuous expansion and presence in the Chinese market.”
RMD Catherine Yang: “I am looking forward to working with the dedicated and talented team at Grundfos to achieve sustainable growth and deliver long lasting solutions to our customers through continued innovations with a customer centric mindset.”