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HVAC INDUSTRY NEWS
Goodman Global Group, Inc., Names Chief Executive Officer.

Goodman Global Group, Inc. (Goodman), a leading manufacturer and distributor of HVAC (heating, ventilation and air conditioning) products, announced that, effective April 17, 2014, it has named Takeshi Ebisu the President and Chief Executive Officer of Goodman and a member of its Board of Directors. Ebisu brings more than 25 years of experience in the HVAC industry. Current President and Chief Executive Officer, David L. Swift, will continue to support the Daikin Group in an advisory role and will be taking a consulting position outside of the industry.

"I am thrilled to become Goodman’s new President and Chief Executive Officer," said Ebisu. "Goodman and Daikin are uniquely positioned. When Goodman became a member of the Daikin Group in 2012, an organization with unrivaled potential was created. I am very proud to lead the Goodman team in pursuing business opportunities and serving customers.”

David Swift added, “Daikin has selected an outstanding successor. Mr. Ebisu has been a key contributor to Daikin and has a firm grasp of Goodman’s business. He was instrumental in the acquisition of Goodman in late 2012. We have just concluded an excellent fiscal year which will serve as a solid foundation for Goodman’s future success. I feel very privileged to have served as Goodman’s CEO for six years and I look forward to supporting the continued growth of Daikin in my new advisory role.”

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Speaking on behalf of Daikin Industries Ltd., the company's Chief Executive Officer, Noriyuki Inoue, agreed, “Mr. Ebisu will be an outstanding addition to the management team at Goodman. While I surely will miss working with Mr. Swift, I respect his decision. I believe Mr. Ebisu will be a strong leader of Goodman, building on Mr. Swift’s management philosophy, and contribute to the success of not only Goodman but the entire Daikin Group globally.”

Ebisu, a native of Hyogo, Japan, was educated at Kyoto University and earned undergraduate and graduate degrees in Nuclear Engineering. Ebisu joined Daikin in the mechanical engineering laboratory. He has moved quickly and impressively through the Daikin ranks over the past 25 years. He has held operational as well as strategy and planning roles, including assignments in North America. He has led the formation of the medium-term strategic management plans for the Daikin Group worldwide since 2005. Prior to this assignment, Ebisu was Executive Vice President, Director, and Member of the Board for Daikin.

About Daikin Industries
Daikin Industries, Ltd (DIL) is a global Fortune 1000 company with more than 50,000 employees worldwide, making it the number one residential, commercial, and industrial HVAC manufacturer in the world. Daikin is engaged primarily in the development, manufacture, sales and aftermarket support of heating, ventilation, air conditioning and refrigeration equipment, refrigerants and other chemicals, as well as oil hydraulic products. DIL is headquartered in Osaka, Japan, has manufacturing operations in 18 countries and a sales presence in more than 90 countries. Additional information about Daikin Industries is available at www.daikin.com.

About Goodman Global Group
Goodman Global Group, Inc. is a member of the Daikin Group and is one of the largest manufacturers and distributors of heating, ventilation and air conditioning products for residential and light commercial customers in North America. The company’s activities include engineering, manufacturing, assembling, marketing and distributing an extensive line of HVAC and related products. Its products are predominantly marketed under the Goodman® and Amana® brand names. All products are sold through a North American distribution network with nearly 1000 total distribution points comprised of company-operated distribution centers and exclusive independent distributors.

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