Hudson Technologies, Inc. (NASDAQ: HDSN), a leading provider of
innovative and sustainable refrigerant products and services to the
Heating, Ventilation, Air Conditioning, and Refrigeration industry
– and one of the nation’s largest refrigerant reclaimers – today
announced the appointment of Nicole Bulgarino and Loan Mansy to the
Company’s Board of Directors. Ms. Bulgarino and Ms. Mansy will fill
vacancies resulting from the concurrent resignation of Otto C.
Morch and the prior passing of Dominic J. Monetta.
Nicole Bulgarino is an Executive Vice President
and corporate officer for Ameresco (NYSE: AMRC) a leading energy
efficiency and energy infrastructure company, where she oversees
the dedicated business unit serving the federal government and
plays a key role in strategic planning and the development of
growth initiatives across all business units. She brings more than
25 years experience developing, designing and implementing energy
infrastructure projects and has overseen approximately $3 billion
of work involving the installation of complex power plants, central
plant upgrades, utility distribution systems and system upgrades in
commercial and industrial buildings and she manages a significant
maintenance portfolio, including performance optimization
solutions. Ms. Bulgarino joined Ameresco in 2004 and has held
positions of increasing responsibility, including Senior Vice
President Federal Solutions & General Manager, Vice President
Federal Operations, and Director of Project Implementation. Before
joining Ameresco, she served as Lead Process Engineer at Raytheon.
She is affiliated with several professional organizations including
the Society of American Military Engineers, the National
Association of Energy Service Companies and the American Society of
Mechanical Engineers. Ms. Bulgarino earned a BS, Chemical
Engineering from the University of Tennessee, Knoxville.
Brian F. Coleman, President and Chief Executive
Officer of Hudson Technologies commented, “We are pleased to
welcome Nicole to the Board and believe her strong track record of
strategic development and energy infrastructure experience will
lend a unique and valuable perspective as we broaden the markets we
serve. We look forward to leveraging her business development
experience and knowledge as we work to expand our offerings and
advance the Company’s leadership position.”
Loan Mansy is Executive Vice President, Sales
& Service for Clean Harbors, Inc. (NYSE: CLH), a leading
provider of environmental and industrial services, including
hazardous waste management, and brings 30 years of experience in
the chemical and waste management industries. In her current role,
she oversees Clean Harbors‘ Technical Services, Field Services and
Safety-Kleen Environmental businesses, has $2.5 billion in P&L
responsibilities and oversees 5,800 employees in the U.S., Canada
and Puerto Rico. Previously, she was Area President for Republic
Services, a provider of non-hazardous solid waste management
services in the U.S., where she oversaw 3,200 employees in the
Northeast U.S. and had $1 billion in P&L responsibility. Ms.
Mansy also has extensive experience in the chemical industry,
working for major global chemical companies, including AkzoNobel
where she managed the Surface Chemistry surfactant business for the
Americas and at Eastman Chemical Company where she held roles of
increasing responsibility, culminating as Automotive Business
Director, Global - Advanced Interlayers. She earned a BS, Chemical
Engineering from the University of Texas at Austin and an MBA from
Northwestern University’s Kellogg School of Management.
Mr. Coleman continued, “Loan brings tremendous
sales & marketing, business development and customer
relationship experience, which will allow us to grow our current
offerings. We are confident that her background and successes in
leadership roles including business strategy, technology, supply
chain, operations, and business management at large organizations
will result in meaningful contributions as Hudson continues its
evolution.”
“We are at a very exciting point in our
Company’s trajectory, and we believe the addition of Nicole
Bulgarino and Loan Mansy will benefit our efforts to grow our
leadership position and aid in new strategic growth plans around
our existing sustainable refrigerant management offerings. Finally,
we thank Otto Morch for his many years of counsel and service to
Hudson Technologies, and we extend renewed condolences to the
family of Dominic Monetta, another long-serving board member who
made countless contributions to the development and success of our
Company.”
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider
of innovative and sustainable refrigerant products and services to
the Heating Ventilation Air Conditioning and Refrigeration
industry. For nearly three decades, we have demonstrated our
commitment to our customers and the environment by becoming one of
the first in the United States and largest refrigerant reclaimers
through multimillion dollar investments in the plants and advanced
separation technology required to recover a wide variety of
refrigerants and restoring them to Air-Conditioning, Heating, and
Refrigeration Institute standard for reuse as certified EMERALD
Refrigerants™. The Company's products and services are primarily
used in commercial air conditioning, industrial processing and
refrigeration systems, and include refrigerant and industrial gas
sales, refrigerant management services consisting primarily of
reclamation of refrigerants and RefrigerantSide® Services performed
at a customer's site, consisting of system decontamination to
remove moisture, oils and other contaminants. The Company’s
SmartEnergy OPS® service is a web-based real time continuous
monitoring service applicable to a facility’s refrigeration systems
and other energy systems. The Company’s Chiller Chemistry® and
Chill Smart® services are also predictive and diagnostic service
offerings. As a component of the Company’s products and services,
the Company also generates carbon offset projects.
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, the ability to meet financial
covenants under existing credit facilities, 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, the impact of the current COVID-19 pandemic, and other
risks detailed in the Company's 10-K for the year ended December
31, 2021 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.
Investor Relations
Contact:John Nesbett/Jennifer BelodeauIMS Investor
Relations (203) 972-9200jnesbett@institutionalms.com |
Company
Contact:Brian F. Coleman, President & CEOHudson
Technologies, Inc.(845) 735-6000bcoleman@hudsontech.com |
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