DXP Enterprises Appoints Karen Hoffman to Board of Directors
November 01 2021 - 8:00AM
Business Wire
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that
its board of directors has appointed Karen Hoffman, 43, an
independent member of its Board of Directors, effective today. Mrs.
Hoffman will serve as a director until the company’s annual
shareholders meeting, whereby she will stand for re-election.
“We are thrilled to welcome Karen to our Board of Directors,”
said David Little, Chairman of DXP. “Karen’s diverse and deep
experience at a Big 3 accounting firm and Transocean, as well as
her broad business background, will be an asset to DXP as we
continue our growth.”
“Karen is a seasoned energy industry executive with impressive
experience. Her insights across the energy industry, Big 3
accounting experience, and leadership development will be relevant
as we continue our growth and scale. We are also excited to
increase the diversity of our board. We look forward to her
bringing this knowledge and business insight into the DXP
boardroom, said David Little, Chief Executive Officer. “We are
pleased to welcome Karen to the DXP Board.”
Mrs. Hoffman brings more than 19 years of leadership experience
in the tax accounting and energy space to DXP. She is currently the
Global Tax Director for Transocean Ltd. Prior to that, she was at
PricewaterhouseCoopers LLP. Mrs. Hoffman graduated with a B.A. from
The University of Texas in Business Administration and a Masters in
Professional Accounting from the graduate division. Mrs. Hoffman is
a Certified Public Accountant.
“Karen is a proven leader and team builder. I am pleased to add
her voice to our growing, strong board of directors. I look forward
to working with her, the rest of our board, and the management team
as we continue to drive results for our customers, vendors,
employees and shareholders,” added Kent Yee, CFO.
About DXP Enterprises, Inc.
DXP Enterprises, Inc. is a leading products and service
distributor that adds value and total cost savings solutions to
industrial customers throughout the United States, Canada and
Dubai. DXP provides innovative pumping solutions, supply chain
services and maintenance, repair, operating and production ("MROP")
services that emphasize and utilize DXP’s vast product knowledge
and technical expertise in rotating equipment, bearings, power
transmission, metal working, industrial supplies and safety
products and services. DXP's breadth of MROP products and service
solutions allows DXP to be flexible and customer-driven, creating
competitive advantages for our customers. DXP’s business segments
include Service Centers, Innovative Pumping Solutions and Supply
Chain Services. For more information, go to www.dxpe.com.
The Private Securities Litigation Reform Act of 1995 provides a
“safe-harbor” for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made by or to be made
by the Company) contains statements that are forward-looking. Such
forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future; and accordingly, such results may differ from those
expressed in any forward-looking statement made by or on behalf of
the Company. These risks and uncertainties include, but are not
limited to; ability to obtain needed capital, dependence on
existing management, leverage and debt service, domestic or global
economic conditions, and changes in customer preferences and
attitudes. In some cases, you can identify forward-looking
statements by terminology such as, but not limited to, “may,”
“will,” “should,” “intend,” “expect,” “plan,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” “goal,” or
“continue” or the negative of such terms or other comparable
terminology. For more information, review the Company’s filings
with the Securities and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211101005322/en/
Kent Yee Senior Vice President CFO 713-996-4700 –
www.dxpe.com
DXP Enterprises (NASDAQ:DXPE)
Historical Stock Chart
From Jun 2024 to Jul 2024
DXP Enterprises (NASDAQ:DXPE)
Historical Stock Chart
From Jul 2023 to Jul 2024