Exhibit 99.1
Crane Co. | NEWS |
Contact:
Pamela J.S. Styles
Director Investor Relations
203-363-7352
www.craneco.com
Crane Co. Announces Medical Leave of Absence for CFO
STAMFORD, CONNECTICUT – March 3, 2004 - Crane Co. (NYSE: CR) today announced the temporary medical leave of absence by George S. Scimone, Vice President-Finance and Chief Financial Officer, for treatment of lymphoma. Eric C. Fast, President and Chief Executive Officer, will assume the position of acting chief financial officer during Mr. Scimone’s absence.
Crane Co. is a diversified manufacturer of engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR).