AAON Announces Retirement of Investor Relations Consultant Jerry Levine and Hiring of Joseph Mondillo as Director of Investor...
November 09 2020 - 7:00AM
AAON, Inc. (NASDAQ – AAON), a leading manufacturer of heating and
cooling products, today announced Mr. Jerry Levine recently
notified the Company of his intent to retire and no longer provide
investor relations consulting services for the Company, effective
November 30, 2020. Mr. Levine has provided investor relations
services for the Company for over twenty years and also served on
the Company’s Board of Directors from 2008 to 2017.
Norman H. Asbjornson, AAON Founder and Executive
Chairman, said, “I want to thank Jerry for his numerous
contributions to AAON during his twenty-plus years of involvement
with the Company. His knowledge and vast experience in the
investment community paved the way for the remarkable transition
that has occurred in our stockholder base during his time handling
our investor relations. Jerry’s efforts directly contributed to the
current list of more than fifty highly regarded institutional
investors who we are proud to count as fellow stockholders, and who
(in the aggregate) presently hold approximately 70% of our total
shares outstanding. Please join me in congratulating Jerry as we
wish him nothing but the best during his well-deserved
retirement.”
The Company also announced the hiring of Mr.
Joseph Mondillo, as AAON’s new Director of Investor Relations,
effective November 16, 2020.
Prior to joining AAON, Mr. Mondillo, age 38, had
a 16-year career in the financial industry, including over 13-years
at the small-cap research provider Sidoti & Co. As a senior
analyst at Sidoti & Co., he provided research for a vast array
of industrial companies, including AAON. Mr. Mondillo has a
high-level understanding of the financial markets, the HVAC
industry and AAON. Mr. Mondillo is a CFA charter holder and he
graduated from Bentley University with a B.S. degree in
Finance.
Gary D. Fields, President and CEO, stated, “I
would like to join Norm in thanking Jerry and wishing him well in
his retirement. I am also very excited to announce our hiring of
Joe Mondillo as AAON’s Director of Investor Relations. We strongly
believe Joe’s reputation, professional experience and knowledge of
AAON make him the ideal person to guide our Company’s investor
relations initiatives well into the future.”
About AAONAAON, Inc. is engaged
in the engineering, manufacturing, marketing and sale of air
conditioning and heating equipment consisting of standard,
semi-custom and custom rooftop units, chillers, packaged outdoor
mechanical rooms, air handling units, makeup air units, energy
recovery units, condensing units, geothermal/water-source heat
pumps, coils and controls. Since the founding of AAON in 1988, AAON
has maintained a commitment to design, develop, manufacture and
deliver heating and cooling products to perform beyond all
expectations and demonstrate the value of AAON to our customers.
For more information, please visit www.AAON.com.
Certain statements in this news release may be
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended. Statements regarding future
prospects and developments are based upon current expectations and
involve certain risks and uncertainties that could cause actual
results and developments to differ materially from the
forward-looking statements.
Contact InformationJoe MondilloEmail:
Investor1@AAON.com
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