Perma-Pipe International Holdings Announces the Appointment of Matthew Lewicki as Vice President and Chief Financial Officer, Secretary and Treasurer
October 02 2023 - 2:07PM
Business Wire
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today
announced the appointment of Matthew Lewicki to Vice President and
Chief Financial Officer, Secretary and Treasurer (“CFO”) replacing
long time financial executive D. Bryan Norwood who informed the
Board of his intention to retire effective October 2, 2023. As CFO,
Matthew is charged with leadership, oversight and execution of all
PPIH financial matters and will serve as a key business advisor to
the senior leadership team and Board of Directors. Mr. Norwood will
transition his responsibilities to Mr. Lewicki while assuming the
role of Vice President, Strategy until his retirement on March 31,
2024.
Mr. Lewicki joined PPIH in 2023 and has served as the Chief
Accounting Officer. Matthew has 20 years of progressive finance and
accounting experience, most of those years at Oil and Gas
infrastructure services organizations. Prior to joining Perma-Pipe,
Matthew served as Senior Manager of Financial Reporting and
Financial Planning at Quanta Services, Inc. and most recently as
Corporate Controller of the Global Organization at HMT Holding
Corp, Inc. and Subsidiaries. Matthew has a Master of Business
Administration in Accounting and Finance from Lamar University and
is a Certified Public Accountant.
President and CEO David Mansfield commented, “I am pleased that
Matt has agreed to assume the role of CFO to lead the company’s
finance group. In addition to his financial responsibilities, Matt
will provide leadership to the IT, Legal, and Risk Management
functions, serve as member of the Ethics and Compliance Committee
and acts as Corporate Secretary to the Board. Matt has already had
a notable impact with us in the role of Chief Accounting Officer,
and I am sure his technical capability, leadership skills and sense
of urgency will complement our vision and impact our continued
growth and success in our industry.”
Chairman of the Board Jerome T. Walker commented: "On behalf of
the Board, we are grateful for Bryan’s contributions as Company CFO
for the past 5 years and congratulate him on an outstanding career
and his upcoming retirement plans. It has been a pleasure to get to
know Matt over the past several months since he joined Perma Pipe,
and the Board looks forward to having his financial talent, passion
and leadership in the CFO chair. Having both of these outstanding
financial leaders working together at the Company for the next six
months provides us ample opportunity to ensure a smooth and
seamless transition as the Company continues execution of its
strategic growth plans."
Mr. Lewicki commented: “I am thankful for this opportunity and
for the confidence and trust that David, Bryan, and the Board of
Directors have in me. Perma-Pipe has achieved remarkable success
which reflects Bryan’s leadership as CFO. I am honored to build on
that success and to continue working with Perma-Pipe’s leadership
team to extend our market leadership in the years to come and drive
long-term value for our employees and stockholders.”
President and CEO David Mansfield further commented on Bryan
Norwood’s retirement: “I have worked with Bryan for more than 25
years and have always found him to be a loyal and dependable
partner. He joined Perma-Pipe in 2018 as Vice President and Chief
Financial Officer, Secretary and Treasurer, and has played an
instrumental role in many of the changes impacting the Company.
Bryan has played a vital role in the ongoing growth, and
development of the business, and has provided valuable leadership
and contributions to our strategic development through some
transformational times. It has been a pleasure working with Bryan
over the years and he will be missed. We wish him all the best in
his well-deserved retirement.”
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 thirteen locations
in six countries.
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version on businesswire.com: https://www.businesswire.com/news/home/20231002294037/en/
Perma-Pipe International Holdings, Inc. David Mansfield,
President and CEO
Perma-Pipe Investor Relations investor@permapipe.com
847.929.1200
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