Matrix Strategy to Grow Market Position in Hydrogen and Renewable Energy Supported by Addition of Senior Industry Veterans
January 04 2022 - 4:05PM
Matrix Service Company (Nasdaq: MTRX) announced today that two new
industry veterans have joined its consolidated business development
team, bringing added expertise to support its strategic objective
to grow its market position in hydrogen and renewable energy
projects.
Camron Azadan has joined the Company as Director of
Business Development, bringing 25 years of industry experience,
most recently directing the development of energy transition
solutions across North America focused on hydrogen, carbon capture,
renewable fuels, ammonia, methanol, gas to liquids, and LNG. Azadan
also possesses strong engineering, operational, and commercial
expertise.
Mohamed Abdelaziz has also joined the Company as
Director of Business Development, with a focus on serving our
clients in Eastern Canada, bringing 15 years of experience in
business development, operations, and strategic development. Most
recently Abdelaziz led operations focused on the design,
fabrication, and construction of technology for power transmission
and distribution and the solar power generation market across North
America and the Caribbean.
“Matrix has long held a reputation for delivering
solutions that meet or exceed our client’s expectations, now and
into the future. We do so by ensuring that we continue to expand
our expertise in areas that are important to them. The addition of
Camron and Mohamed to our team is one such example, and we’re
pleased to welcome them both to Matrix,” said Matrix Service
Company Chief Business Development & Strategy Officer, Kevin A.
Durkin. “Their expertise in renewable, sustainable energy solutions
will support our ability to provide best-in-class solutions as our
clients advance their own strategic objectives to expand their
clean energy portfolios to reduce their carbon footprints.”
Added Matrix Service Company President and CEO, John R. Hewitt,
“Our centralized business development organization is creating an
even stronger opportunity pipeline with a more focused approach to
the markets and a total solutions approach to serving our clients
whose infrastructure assets span North America and beyond.
Enhancing our expertise across all of our end markets, and
especially in areas where our integrated energy clients are
expanding to add hydrogen and other renewables infrastructure, is
critical.”
To learn more about the Company’s work in hydrogen
and renewable energy, click here.
Matrix Service Company
Matrix Service Company (Nasdaq: MTRX), through
its subsidiaries, is a leading North American industrial
engineering and construction contractor headquartered in Tulsa,
Oklahoma with offices located throughout the United States and
Canada, as well as Sydney, Australia and Seoul, South Korea.
The Company reports its financial results in
three key operating segments: Utility and Power Infrastructure,
Process and Industrial Facilities, and Storage and Terminal
Solutions.
With a focus on sustainability, building strong
Environment, Social and Governance (ESG) practices, and living our
core values, Matrix is ranked among the Top Contractors by
Engineering-News Record, was recognized for its Board
diversification by 2020 Women on Boards, is an active signatory to
CEO Action for Diversity and Inclusion, and is consistently
recognized as a Great Place to Work®. To learn more about Matrix
Service Company, visit matrixservicecompany.com
For more information about Matrix, please
contact: Matrix Service CompanyKevin S. CavanahVice President and
CFO T: 918-838-8822Email: ir@matrixservicecompany.com
Kellie SmytheSenior Director, Investor Relations T:
918-359-8267Email: ksmythe@matrixservicecompany.com
This release contains forward-looking statements that are made
in reliance upon the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
generally accompanied by words such as “anticipate,” “continues,”
“expect,” “forecast,” “outlook,” “believe,” “estimate,” “should”
and “will” and words of similar effect that convey future meaning,
concerning the Company’s operations, economic performance and
management’s best judgment as to what may occur in the future.
Future events involve risks and uncertainties that may cause actual
results to differ materially from those we currently anticipate.
The actual results for the current and future periods and other
corporate developments will depend upon a number of economic,
competitive and other influences, including those factors discussed
in the “Risk Factors” and “Forward Looking Statements” sections and
elsewhere in the Company’s reports and filings made from time to
time with the Securities and Exchange Commission. Many of these
risks and uncertainties are beyond the control of the Company, and
any one of which, or a combination of which, could materially and
adversely affect the results of the Company's operations and its
financial condition. We undertake no obligation to update
information contained in this release.
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