Itron Announces Chief Operating Officer Transition
May 04 2015 - 4:05PM
Business Wire
Itron, Inc. (NASDAQ:ITRI) announced today that John Holleran,
the company’s executive vice president (EVP) and chief operating
officer (COO), will be departing Itron effective the end of 2015.
The company is conducting a search for candidates to fill the
position. In the interim, Holleran will continue as EVP and COO of
the company.
“John has provided solid leadership over the last two and a half
years. During his tenure as COO, John was focused on positioning
Itron for future growth and improved profitability. He has done a
remarkable job developing comprehensive business strategies to grow
this business and ensure that it is running as efficiently as
possible,” said Philip Mezey, Itron’s president and chief executive
officer. “The board and I would like to thank John for all of his
contributions. We wish him the best as he pursues other
interests.”
“As Itron continues to focus on growth and profitability, we are
seeking an EVP and COO that will bring strong leadership experience
and have a substantial operational background to propel our company
to its next phase of growth,” continued Mezey.
Holleran was named executive vice president and chief operating
officer of Itron in January 2013. He joined Itron in January 2007
as senior vice president and general counsel. He was also Itron’s
corporate secretary. In January 2012, his duties shifted to focus
primarily on special projects, board matters and corporate
governance.
“Itron is a great company with an exciting future, and I have
enjoyed being a part of Itron’s leadership team during some of the
most transformational years this company has seen,” said Holleran.
“I am committed to ensuring the momentum we have built around
growth and profitability is sustained and to supporting Philip and
the team for Itron’s long-term success.”
About Itron
Itron is a world-leading technology and services company
dedicated to the resourceful use of energy and water. We provide
comprehensive solutions that measure, manage and analyze energy and
water. Our broad product portfolio includes electricity, gas, water
and thermal energy measurement devices and control technology;
communications systems; software; as well as managed and consulting
services. With thousands of employees supporting nearly 8,000
customers in more than 100 countries, Itron applies knowledge and
technology to better manage energy and water resources. Together,
we can create a more resourceful world. Join us: www.itron.com.
Itron, Inc.Sharelynn Moore, 509-891-3524Vice President,
Corporate Marketing and Public AffairsorBarbara Doyle,
509-891-3443Vice President, Investor Relations
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