Mr. Malott joined Parker Hannifin Corporation as chief value engineer in 1969 and later served as general manager and vice president for international marketing.
In 1981, he was hired by the Ransburg Corporation as group vice president for its domestic operations. Three years later he assumed the position of president and COO.
Holder of eleven U.S. patents, he was named senior vice president and COO of Siemens Energy and Automation, Inc. in 1986 and president and CEO in 1989.