UTEX Unveils Next Phase of Expansion Strategy
May 13 2024 - 4:00PM
Business Wire
UTEX Industries, Inc., an industry leading provider of
innovative sealing solutions, announced that Charlie Thompson has
been named President and Chief Executive Officer. Piotr Galitzine,
the Chief Executive Office since October 2021, was responsible for
a series of successful post-restructuring changes and leaves UTEX
in a healthy financial position with a quality management and
operating team.
Charlie recently was the CEO of Nuverra Environmental Solutions
and Chairman of the Board of Pioneer Energy Services. He is a
partner at PinHigh Capital. These assignments followed a long
career in commercial and investment banking.
Jeff Cullman, UTEX’s Chairman of the Board, said, “The
considerable experience Charlie has in the oil and gas industry, as
well as his large network of contacts, will help UTEX grow into new
areas.”
“The plan going forward for UTEX is to focus on improving
financial efficiency, execute on growth areas, improve processes,
address lean opportunities, and continue to do all of the above
safely. UTEX is a well-known and respected brand with a long
history that we intend to perpetuate by making quality products and
serving our many loyal customers,” said Thompson.
For more information on UTEX Industries, Inc., visit
www.utexind.com
About UTEX
UTEX is a market-leading manufacturing business headquartered in
Houston, Texas. UTEX operates multiple manufacturing, distribution,
and technical sales facilities in the United States and abroad with
approximately 500 employees. UTEX’s innovative, custom-engineered
products support a diverse customer base including oil and gas,
industrial, mining, and water works markets.
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Jennifer Lyons Jlyons@utexind.com 281.615.2223