Allegion Names President of EMEIA

Lúcia Veiga Moretti to execute the company’s strategy in Europe, Middle East, India and Africa

DUBLIN--()--Allegion plc (NYSE:ALLE), a leading global provider of security products and solutions, is pleased to announce that Lúcia Veiga Moretti has joined the company as president of EMEIA, based in Faenza, Italy.

Ms. Moretti is responsible for Allegion’s business in Europe, Middle East, India and Africa, where she will leverage and enhance Allegion’s technology products, and advance the company’s strategy to improve its business while driving greater profitability in the region. She also will ensure Allegion’s capabilities align with the needs of its customers. She reports to Dave D. Petratis, chairman, president and chief executive officer.

“With her breadth of global experience and achievements in business development, Lúcia will be a great asset to our global team. We’re confident that Lúcia will drive the business forward to help Allegion deliver on its commitment to grow, enhance its product portfolio and provide new technologies,” said Mr. Petratis. “Lúcia empowers those she works with and guides them to achieve change; the 2,500 employees across EMEIA will benefit from her leadership and determination.”

Before joining Allegion, Ms. Moretti spent nearly 25 years in the automotive industry, the last 15 years with Delphi. Most recently, she served as a senior vice president of Delphi and president of Delphi Product and Service Solutions worldwide, the company’s aftermarket business, and previously served as the vice president of aftermarket in Europe, Middle East and Africa, global marketing director of aftermarket, and managing director of aftermarket in South America, among other roles.

Educated in Brazil, Ms. Moretti has a bachelor's degree in liberal arts, a master's degree in business administration, majoring in marketing from the Federal University of Rio Grande do Sul and a master’s degree in human resources, from the Pontificia Universidade Catolica do Rio Grande do Sul. She is fluent in multiple languages, including Portuguese, English, French, and Spanish.

About Allegion

Allegion (NYSE: ALLE) creates peace of mind by pioneering safety and security. As a $2 billion provider of security solutions for homes and businesses, Allegion employs more than 7,800 people and sells products in more than 120 countries across the world. Allegion comprises 23 global brands, including strategic brands CISA®, Interflex®, LCN®, Schlage® and Von Duprin®.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's Europe, Middle East, India and Africa (EMEIA) strategy. These forward-looking statements are based on the Company's current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. Further information on these factors and other risks that may affect the Company's business is included in filings it makes with the Securities and Exchange Commission from time to time, including its Registration Statement on Form 10, as amended. The Company assumes no obligations to update these forward looking statements.

For more, visit www.allegion.com.

Contacts

Allegion plc
Media:
Susana Duarte de Suarez, 317-810-3393
Susana.DuartedeSuarez@allegion.com
or
Analysts:
Tom Martineau, 317-810-3759
Tom.Martineau@allegion.com

Release Summary

Allegion is pleased to announce that Lúcia Veiga Moretti has joined the company as president of EMEIA, based in Faenza, Italy.

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Contacts

Allegion plc
Media:
Susana Duarte de Suarez, 317-810-3393
Susana.DuartedeSuarez@allegion.com
or
Analysts:
Tom Martineau, 317-810-3759
Tom.Martineau@allegion.com