Retired Fluor Corporation Executive Jose Bustamante Named to Matrix Service Company Board of Directors
May 16 2022 - 4:01PM
Matrix Service Company (Nasdaq: MTRX) today
announced the addition of Jose Luis Martin de Bustamante to the
Company’s Board of Directors.
“We are excited to welcome Jose to the Matrix Service
Company Board of Directors. His long-standing history of leadership
at Fluor Corporation, together with his proven expertise in
business development, contracting, and managing large, complex
projects across a wide range of end-markets, will be invaluable as
Matrix responds to growing opportunities,” said Chairman of the
Board Jim Mogg.
“Jose brings extensive international experience and has held
long-term assignments across Latin America, Spain, the United
Kingdom, the United States, and the United Arab Emirates with
increasing operations and sales responsibilities. He is
well-aligned with Matrix Service Company’s end-markets and areas
where we see significant opportunity. We look forward to his
contributions.”
Prior to his retirement from Fluor Corporation in 2020,
Bustamante served as Executive Vice President and Chief Commercial
Officer with responsibility for sales, marketing, and strategic
planning, as well as communications, community and government
relations. Over the course of his 30 year career at Fluor he also
served in various leadership positions across the organization
including Senior Vice President of Business Development, Marketing,
and Strategic Planning – Energy and Chemicals, Senior Vice
President and General Manager (MENA Region) and Senior Vice
President of Sales – Chemicals Business Line .
He is former chairman of both ICA Fluor, the largest industrial
contractor in Mexico and COOEC-Fluor Heavy Industries Co., Ltd, a
world scale fabrication joint venture in the Guangdong province of
China. He also served as a Board member in numerous international
joint ventures including Fluor Arabia Ltd. and Fluor Kuwait.
Bustamante currently serves as President for ESAsolar USA Inc.,
the U.S. subsidiary of a Madrid-based renewable energy company with
leading technology in solar trackers.
The addition of Bustamante to the Matrix Board increases its
membership from seven to eight members with diverse geographic,
industry, technical and business backgrounds and supporting
Company's strong emphasis on inclusion and diversity; 37.5% of the
Matrix Board is gender or ethnically diverse.
About Matrix Service
Company
Matrix Service Company (Nasdaq: MTRX), through its subsidiaries,
is a leading North American industrial engineering, construction,
and maintenance 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 ranks among the Top Contractors by Engineering-News Record,
has been recognized for its Board diversification, is an active
signatory to CEO Action for Diversity and Inclusion, and is
recognized as a Great Place to Work®. To learn more about Matrix
Service Company, visit www.matrixservicecompany.com and read our
inaugural Sustainability Report.
For more information about Matrix, please
contact:
Kevin S. Cavanah |
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Kellie Smythe |
Matrix Service Company |
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Matrix Service Company |
Vice President and CFO |
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Senior Director, Investor Relations |
T: 918-838-8822 |
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T: 918-359-8267 |
Email: ir@matrixservicecompany.com |
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Email: 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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/12cdf591-3b65-40cd-993c-132a850db0cc
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