Sept 10 (Reuters) - Electrical equipment maker Hubbell

said on Wednesday that its Chief Financial Officer Bill

Sperry is stepping down and will be succeeded by Joseph

Capozzoli effective January 1, 2026.

Sperry, who has worked at the company for 17 years, will

help his successor transition through 2025 and will then

continue as Executive Vice President of the company.

Capozzoli, who joined the company in 2013, was most recently

vice president, finance, of the company's Electrical Solutions

segment. Previously he worked at Stanley Black & Decker ( SWK ).

"Joe (Capozzoli) has been instrumental in driving strong

financial performance and margin expansion in our Electrical

Solutions segment, as well as playing a key leadership role in

our journey to transform it into a unified operating segment,"

said CEO Gerben Bakker.

The announcement comes about a month after Hubbell said it

would buy smaller peer DMC Power for $825 million in cash, as it

bolsters its critical components portfolio to meet an expected

boom in power demand.