CINCINNATI, June 12, 2017 /PRNewswire/ -- CECO
Environmental Corp. (Nasdaq: CECE), a leading global energy,
environmental, and industrial technology company, today announced
that Dennis Sadlowski has been
appointed Chief Executive Officer of the Company by the Board of
Directors, effective immediately. Mr. Sadlowski has been
acting in the role of interim CEO of CECO since January 24, 2017 and has been a member of the
Company's board of directors since May
2016.
"The board, under the leadership of a special search committee
and with a nationally recognized executive recruiting firm,
conducted a review of both internal and external candidates and
determined that Dennis is the best choice for CEO. CECO is
very fortunate to have someone with Dennis' experience, leadership
skills and character. During his tenure as interim CEO,
Dennis spent considerable time with the Company's customers,
suppliers and employees and has a running start as the permanent
CEO to help CECO achieve its strategic and financial goals,
including driving increasing shareholder value. On behalf of
the entire board and the CECO team, we look forward to Dennis'
leadership in this role," commented CECO's Chairman, Jason DeZwirek.
Dennis Sadlowski said, "I am very
excited to be selected as the permanent CEO. The Company, its
products and technologies and especially its people are world-class
and we have an enormous opportunity ahead of us to generate
significant growth for all of our stakeholders. I look
forward to continuing to work with the board and the senior
leadership team in executing our strategic plans to achieve the
success I know we can all realize."
Mr. Sadlowski, 56, previously held a number of senior leadership
roles including CEO of Siemens Energy and Automation, COO of LSG
Sky Chefs, and CEO of International Battery. Mr. Sadlowski also
previously worked at General Electric and Thomas & Betts.
Mr. Sadlowski continues to serve on the board of directors
and audit committee of Trojan Battery, a privately-held global
leader in deep cycle lead-acid batteries. He earned a
Bachelor's degree in Chemical and Nuclear Engineering from the
University of California at Berkeley,
and his Master's Degree in Business Administration from
Seattle University.
About CECO Environmental
CECO is a diversified global
provider of leading engineered technologies to the energy,
environmental, and fluid handling and filtration industrial
segments, targeting specific niche-focused end markets through an
attractive asset-light business model. We provide a wide spectrum
of products and services including dampers & diverters,
cyclonic technology, thermal oxidizers, separation and filtration
systems, selective catalytic reduction ("SCR") and selective
non-catalytic reduction ("SNCR") systems, scrubbers, dampers and
silencers, exhaust systems, fluid handling equipment and plant
engineered services and design build fabrication. CECO's products
play a vital role in helping companies achieve exacting production
standards, meeting increasing plant needs and stringent emissions
control regulations around the globe. The company serves a broad
range of markets and industries, including power, municipalities,
chemical, industrial manufacturing, mid-stream pipeline natural gas
transmission, refining, petrochemical, metals, minerals &
mining companies, as well as hospitals and universities. CECO
targets its $5 billion+ of installed base, specifically to expand
and grow a higher recurring revenue of aftermarket products and
services. CECO is listed on Nasdaq under the ticker symbol "CECE."
For more information, please visit www.cecoenviro.com.
Contact:
Edward Prajzner, Executive Vice
President Corporate Development
800.333.5475
investor.relations@onececo.com
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SOURCE CECO Environmental Corp.