Hudson Technologies Names Nat Krishnamurti as Chief Financial Officer
September 06 2016 - 8:30AM
Business Wire
Hudson Technologies, Inc. (NASDAQ:HDSN), a leading provider of
innovative solutions to recurring problems within the refrigeration
industry, today announced the appointment of Nat Krishnamurti, CPA
as Chief Financial Officer.
Mr. Krishnamurti has over two decades of experience in
accounting, finance and operations in various industries within the
public and private sectors. While employed at
PricewaterhouseCoopers LLP, he specialized in consumer and
industrial products clients. Early in his industry experience,
over an 11-year tenure, Mr. Krishnamurti held positions
of increasing responsibility, including VP, Corporate Finance
and Chief Accounting Officer, at inVentiv Heath, Inc., a
publicly-traded healthcare services company. inVentiv grew from
$300 million in revenue to close to $2 billion in revenue, prior to
being sold to a private equity firm in 2010. Subsequently, Mr.
Krishnamurti served as Chief Financial Officer of two smaller,
publicly-traded companies, Applied Minerals, Inc. and most
recently at Interpace Diagnostics Group, Inc. Mr. Krishnamurti
received a B.S. in Accounting from CUNY - Brooklyn College and an
MBA from Long Island University.
Kevin J. Zugibe, Chairman and Chief Executive Officer of Hudson
Technologies, commented, “We are pleased to welcome Nat to our
Company as an integral part of our management team. Nat brings over
twenty years of experience which includes large and small public
companies and auditing. He joins Hudson at an exciting time in our
growth and we very much look forward to benefiting from his deep
experience as we continue to grow the business.”
Mr. Krishnamurti succeeds James Buscemi, who announced his
retirement as Vice President and Chief Financial Officer of Hudson
Technologies, Inc. in early June.
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider of innovative
solutions to recurring problems within the refrigeration
industry. Hudson's proprietary RefrigerantSide® Services
increase operating efficiency and energy savings, and remove
moisture, oils and other contaminants frequently found in the
refrigeration circuits of large comfort cooling and process
refrigeration systems. Performed at a customer's site as an
integral part of an effective scheduled maintenance program or in
response to emergencies, RefrigerantSide® Services offer
significant savings to customers due to their ability to be
completed rapidly and at higher purity levels, and can be utilized
while the customer's system continues to operate. In addition, the
Company sells refrigerants and provides traditional reclamation
services to the commercial and industrial air conditioning and
refrigeration markets. 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,
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, and other risks detailed in the Company's 10-K
for the year ended December 31, 2015 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160906005500/en/
Investor Relations:Institutional Marketing Services
(IMS)John Nesbett/Jennifer Belodeau,
203-972-9200jnesbett@institutionalms.comorCompany:Hudson
Technologies, Inc.Brian F. Coleman, 845-735-6000President &
COObcoleman@hudsontech.com
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