Perma-Pipe International Holdings Appoints Scott James Senior Vice President - Americas
July 31 2018 - 1:00PM
Business Wire
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today
announced the appointment of Mr. Scott James to Senior Vice
President - Americas, with full operating and financial
responsibility for Perma-Pipe’s business in the Americas region
including pursuing expansion of new markets for the continued
growth of the Perma-Pipe brand. Scott replaces long-term industry
veteran John Carusiello who is retiring in August.
President and CEO David Mansfield commented, "I am pleased that
Scott has agreed to join Perma-Pipe to lead the Americas region.
The extent of Scott’s background and experience in the piping
industry will advance the transition into this critical role and
bring a sense of familiarity to our customers and suppliers. Scott
has a successful track record of providing leadership in
operations, business development, sales, mergers and acquisitions,
and product management. I am convinced Scott’s industry experience
coupled with his successes in business will complement our current
strategies and have an immediate and positive impact on
Perma-Pipe."
Scott has extensive experience working globally including in
North and South America, Europe, Asia and Australia. His scope of
experience covers a variety of industry sectors including Oil and
Gas, Automotive, Aerospace and Utilities. Scott joins Perma-Pipe
from the Houston office of Corrpro, an Aegion company, which
provides pipeline integrity and cathodic protection services. Prior
to that, Scott served at RAE Energy as well as Stanley Oil &
Gas, focusing on non-destructive testing, field joint coating and
welding services for the pipeline industry. He also held a variety
of leadership roles for Shawcor, which specializes in the
application of anti-corrosion coatings, thermal insulation
coatings, field joint coatings, and welding/fabrication activities
for steel pipe intended for oil & gas pipeline
construction.
Mr. James commented, "I am excited to join Perma-Pipe and lead
the Americas region. Perma-Pipe has a strong reputation in oil and
gas, civil construction, and leak detection systems which provide a
solid base business for geographical and product or service
expansion in the region. I look forward to working with the great
team of employees throughout the company as well as customers,
suppliers, and other stakeholders to deliver world class customer
service and solid returns to shareholders."
Mr. Mansfield concluded, "I would like to extend my sincere
thanks to John for the significant contributions he has made to the
company during his tenure and to wish him the very best in his
retirement. The Perma-Pipe organization is driven to provide
industry-leading products and services in meeting the demands of
our customers, shareholders and employees. Our organizational
development continues with this focus in mind. In pursuing the
goals of Perma-Pipe through our values, people and strategies, we
will continue to seek growth and improved financial
performance."
Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is a
global leader in pre-insulated piping and leak detection systems
for oil and gas gathering, district heating and cooling, and other
applications. It uses its extensive engineering and fabrication
expertise to develop piping solutions that solve complex challenges
regarding the safe and efficient transportation of many types of
liquids. In total, Perma-Pipe has operations at seven locations in
five countries.
Forward-Looking Statements
Statements and other information contained in this announcement
that can be identified by the use of forward-looking terminology
constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and are
subject to the safe harbors created thereby, including, without
limitation, statements regarding the expected future performance
and operations of the Company. These statements should be
considered as subject to the many risks and uncertainties that
exist in the Company's operations and business environment. Such
risks and uncertainties include, but are not limited to, the
project nature of the business, the increasing international nature
of the business, economic conditions, market demand and pricing,
competitive and cost factors, raw material availability and prices,
global interest rates, currency exchange rates, labor relations and
other risk factors.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180731005074/en/
Perma-Pipe International Holdings, Inc.David
Mansfield, President and CEO(847)
966-1000orPerma-Pipe Investor Relations(847)
929-1200investor@permapipe.com
Perma Pipe (NASDAQ:PPIH)
Historical Stock Chart
From Mar 2024 to Apr 2024
Perma Pipe (NASDAQ:PPIH)
Historical Stock Chart
From Apr 2023 to Apr 2024