MANCHESTER, CT, February 22, 2018-

Lydall, Inc. (NYSE:LDL) announced that Randall B. Gonzales, 46, has been appointed Executive Vice President and Chief Financial Officer of Lydall, Inc., effective upon the commencement of his employment with Lydall, which will be on or before March 12, 2018.

Mr. Gonzales will be joining Lydall from his position as Senior Vice President, Chief Financial Officer and Treasurer of Progress Rail Services Corporation (“Progress Rail”), a diversified global supplier of railroad and transit system products and services and a wholly-owned subsidiary of Caterpillar, Inc. (NYSE:CAT).  Prior to joining Progress Rail, Mr. Gonzales held financial and operational leadership roles of increasing responsibilities within Nissan Motor Co., Ltd., a Fortune Global 50 automotive manufacturer.  In his last role at Nissan, Mr. Gonzales served as the North American Controller responsible for vehicle cost reduction activities.  Prior to that role, he was the Chief Financial Officer for Nissan’s Global Sales & Marketing functions based in Yokohama, Japan.

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