Hudson Technologies Names Kenneth Gaglione Vice President - Operations
September 14 2020 - 08:30AM
Hudson Technologies, Inc. (NASDAQ: HDSN) (the “Company”) today
announced the appointment of Kenneth Gaglione to the Company’s
newly created role of Vice President - Operations. Mr.
Gaglione most recently served as Global Marketing Director for
aftermarket refrigerants at Honeywell International, Fluorine
Products group.
Mr. Gaglione has nearly thirty years’ experience
in marketing and sales in various industries within the public and
private sectors, both developing new markets and managing growth of
mature businesses. At Honeywell, his primary focus was the
refrigerant sector where he was responsible for the profitable
growth of the global aftermarket business including product
management, demand planning, pricing strategy, process efficiency
and new product commercialization. Before joining Honeywell, Mr.
Gaglione attained extensive experience marketing and developing
advanced electronic packaging materials with the Rohm and Haas
Electronic Materials division and as part of Ciba-Geigy’s
Photopolymers division. Mr. Gaglione received a B.S. in Chemistry
from the State University of New York and an MBA in Marketing from
the University of California, Irvine.
Brian F. Coleman, President and Chief Executive
Officer of Hudson Technologies, commented, “We are pleased to
welcome Ken to our Company as an integral part of our management
team. Ken brings over thirty years of experience in strategic
planning, marketing, and product management. He joins Hudson
at an exciting time in our growth and we very much look forward to
leveraging his deep experience as we continue to grow our
business.”
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider
of innovative and sustainable solutions for optimizing performance
and enhancing reliability of commercial and industrial chiller
plants and refrigeration systems. Hudson's proprietary
RefrigerantSide® Services increase operating efficiency, provide
energy and cost savings, reduce greenhouse gas emissions and the
plant’s carbon footprint while enhancing system life and
reliability of operations at the same time. RefrigerantSide®
Services can be performed at a customer's site as an integral part
of an effective scheduled maintenance program or in response to
emergencies. Hudson also offers SMARTenergy OPS®, which is a
cloud-based Managed Software as a Service for continuous
monitoring, Fault Detection and Diagnostics and real-time
optimization of chilled water plants. In addition, the Company
sells refrigerants and provides traditional reclamation services
for commercial and industrial air conditioning and refrigeration
uses. For further information on Hudson, please visit the Company's
web site at www.hudsontech.com.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995
Statements contained herein which are not
historical facts constitute forward-looking statements. Such
forward-looking statements involve a number of known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, but are not limited to,
changes in the laws and regulations affecting the industry, changes
in the demand and price for refrigerants (including unfavorable
market conditions adversely affecting the demand for, and the price
of, refrigerants), the Company's ability to source refrigerants,
regulatory and economic factors, seasonality, competition,
litigation, the nature of supplier or customer arrangements that
become available to the Company in the future, adverse weather
conditions, possible technological obsolescence of existing
products and services, possible reduction in the carrying value of
long-lived assets, estimates of the useful life of its assets,
potential environmental liability, customer concentration, the
ability to obtain financing, the ability to meet financial
covenants under existing credit facilities, any delays or
interruptions in bringing products and services to market, the
timely availability of any requisite permits and authorizations
from governmental entities and third parties as well as factors
relating to doing business outside the United States, including
changes in the laws, regulations, policies, and political,
financial and economic conditions, including inflation, interest
and currency exchange rates, of countries in which the Company may
seek to conduct business, the Company’s ability to successfully
integrate any assets it acquires from third parties into its
operations, the impact of the current COVID-19 pandemic, and other
risks detailed in the Company's 10-K for the year ended December
31, 2019 and other subsequent filings with the Securities and
Exchange Commission. The words "believe", "expect",
"anticipate", "may", "plan", "should" and similar expressions
identify forward-looking statements. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date the statement was
made.
Investor Relations Contact: John Nesbett/Jennifer
BelodeauIMS Investor Relations (203)
972-9200jnesbett@institutionalms.com |
Company Contact: Brian F. Coleman, President &
CEO Hudson Technologies, Inc. (845) 735-6000
bcoleman@hudsontech.com |
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