[3] Upon his retirement, he was succeeded by Surendralal "Lal" Karsanbhai, who was executive president of Emerson's largest business segment, Automation Solutions, from 2018 until being named CEO.

[3] Farr currently serves on the board of directors for IBM,[9] the Delphi Corporation, the United Way of Greater St. Louis and is a member of The Business Council.

[4] During Farr's tenure, Emerson maintained its six-decade record of annual dividend increases, despite trade wars and a worldwide pandemic.

Under Farr's leadership, the company became a $16.8 billion global corporation with some 200 factories and 85,000 employees, including about 1,400 at its headquarters in Ferguson, Missouri (a suburb of St.

[3] Farr aggressively moved Emerson production and design operations to low-cost, low-regulation environments outside the United States, particularly the People's Republic of China.

While speaking at the Baird Industrial Outlook Conference in Chicago, in November 2009, Farr attacked the Obama administration for its attention to "labor rules" and "health reform", and stated: "What do you think I'm going to do?

[10] Farr was the 2007 campaign chair for the United Way of Greater St. Louis,[11] leading the community to raise a record-breaking $68.8 million to help people in the 16-county region of metro St.