1. Dover Foundation awarded scholarships to 31 children of employees. 2. Scholarship winners represent all five of Dover's operating segments. 3. Dover Scholars Program has awarded $3.5 million since inception. 4. Each recipient can receive up to $12,000 over four years. 5. Program enhances employee engagement and community support.
The scholarship program increases employee satisfaction, which can enhance retention and productivity. Companies with engaged employees often report higher performance, similar to historical cases in well-regarded firms.
The article showcases Dover's commitment to employee well-being, which can boost investor confidence and may positively impact stock price.
The sustained investment in employee families will likely improve corporate culture and retention over time, impacting performance in the long run.
Dover Corporation (NYSE: DOV) today announced the names of 31 recipients of its Dover Foundation Scholars Program. This year's winners represent all five of Dover's operating segments and nearly all of its Operating Companies.
The program provides scholarships to the children of full-time employees of Dover and its Operating Companies around the world. Selections are made by an independent panel of college admissions professionals and are based on each student's academic performance, leadership abilities and extracurricular activities.
High school seniors and current college students were named, with each recipient eligible to receive up to $12,000 in scholarship support over the four years of their undergraduate studies. Now in its fourteenth year, the program has awarded 464 scholarships, providing approximately $3.5 million in financial support to deserving students.
Yangyang Cao - Shanghai, China
John Downs - Arden Hills, MN
Michael Meng - Downers Grove, IL
Emma Sullivan - Downers Grove, IL
Sahana Thasma - Downers Grove, IL
Dharun Bhalagi - Bangalore, Karnataka, India
Davis Dixon - Conyers, GA
Anushri Katu - Richmond, VA
Alexandra Nguyen - Colonial Heights, VA
Evan Burlaca - Mississauga, Ontario, Canada
Angela Greene - Austin, TX
Lin Xi - Guangzhou, Guangdong, China
Eesha Agrahar - The Woodlands, TX
Diego Davila - Rock Island, IL
Robert He - Pearland, TX
Reilly Hiner - Eagle Rock, VA
Harry Beech - Nottingham, Nottinghamshire, United Kingdom
Angèle Hug - Bourg-Lès-Valence, Drôme, France
Romain Martin - Bourg-Lès-Valence, Drôme, France
Jack Wang - Systech, Princeton, NJ
Tanner Back - West Chester, OH
Sara Stimpson - Austin, TX
Ethan Vu - Cypress, CA
Andrew Hutchinson - Allentown, PA
Melanie Reyes - Skokie, IL
Alyssa Schiavone - Bethlehem, PA
Kendra Denhof - Grand Rapids, MI
Mildred Curtindale - Tulsa, OK
Eli Reynolds - Tulsa, OK
Laura Dondarini - Sasso Marconi, Bologna, Italy
Shania Hamm - Madison, IN
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
The Dover Foundation was established in 2011. The Foundation is tax-exempt under Section 501(c)(3) of the Internal Revenue Code. The Dover Foundation is committed to supporting causes and programs that promote education and enhance the lives of Dover Company employees and their families. One such program is the Dover Scholars Program.
Adrian Sakowicz
Vice President of Communications
630-743-5039
adrian.sakowicz@dovercorporation.com
SOURCE Dover