Modine Promotes Margaret Kelsey to Vice President

Modine Manufacturing Co. has promoted Margaret “Peggy” Kelsey to the position of vice president – corporate treasurer, business development and assistant secretary. Kelsey continues to report to Bradley Richardson, Modine’s executive vice president and chief financial officer. In her new role, Kelsey is given the added responsibility for business development and strategic planning. She will continue her responsibilities for setting the worldwide policy for cash management, debt management and risk management, as well as retaining her current responsibility as assistant secretary of the company.

RACINE, WI — Modine Manufacturing Co. has promoted Margaret “Peggy” Kelsey to the position of vice president – corporate treasurer, business development and assistant secretary. Kelsey continues to report to Bradley Richardson, Modine’s executive vice president and chief financial officer.

In her new role, Kelsey is given the added responsibility for business development and strategic planning. She will continue her responsibilities for setting the worldwide policy for cash management, debt management and risk management, as well as retaining her current responsibility as assistant secretary of the company.

"Peggy has proven herself to be a very talented and insightful leader, in addition to bringing depth and breadth of knowledge, skills, enthusiasm and experience to Modine. We value her skills and contributions to the company and look forward to her continued leadership," said Richardson.

Kelsey joined Modine in April 2001 as senior counsel and was promoted to an officer the next year. She was promoted to corporate treasurer effective January 1, 2006. Prior to working at Modine, she was a partner in the Milwaukee office of law firm Quarles & Brady, LLP.

Kelsey received her undergraduate degree from Mount Mary College and her law degree from Georgetown University, graduating magna cum laude. She also recently completed her Master of Business Administration degree from the University of Wisconsin – Milwaukee.

"I am very excited about the opportunity to take on the added responsibility and leadership role for Modine’s business development and strategic planning efforts. We continue to have active and well managed development and planning programs, and I look forward to being a part of our efforts to expand the company by geography and end market, consistent with our strategic plans. I believe Modine has a very exciting future and I am proud to be a part of its growth and expansion," said Kelsey.

Kelsey lives in Whitefish Bay, WI, with her husband and three children.

For more information about Modine, visit: http://www.modine.com.