Charah Solutions Appoints Scott Sewell as President and Chief Executive Officer
January 23 2019 - 4:30PM
Business Wire
Charah® Solutions, Inc. (NYSE: CHRA) ("Charah" or the
"Company"), a leading provider of environmental and maintenance
services to the power generation industry, today announced that
Scott Sewell has been appointed President and Chief Executive
Officer (CEO), and to Charah’s Board of Directors. Mr. Sewell’s
appointment follows the decision by the board that the time is
right for Charles Price to step down as President and CEO, and as a
director of the Company given the Company’s recent IPO and its
natural progression as a public company. These changes are
effective as of today.
Mr. Sewell joined Charah in 2008 as an Operations Manager and
held the positions of Vice President of Operations and Senior Vice
President of Operations until 2013 when he was appointed Chief
Operating Officer (COO). As COO, Mr. Sewell was responsible for
maintaining oversight of Charah operations, safety management,
business development and utility relations. Prior to joining
Charah, he worked for Bechtel Corporation from 2002 until 2007.
“Charah is known throughout the industry as a leading provider
of environmental and maintenance services for the power generation
industry. With Scott’s more than 10 years of operating experience
at Charah and intimate knowledge of Charah’s longstanding customer
relationships and multiple business opportunities, the Board is
confident in his abilities to take the Company to the next level of
performance,” said Stephen Tritch, Chairman of the Board of
Directors. “On behalf of the Board, we thank Charles for his
leadership, foresight and significant contributions in creating,
growing and making Charah the industry leader it is today.”
“It is an honor to be appointed President and CEO, and I look
forward to building upon Charah’s strong foundation to accelerate
its success as we continue to execute on our robust pipeline of
opportunities and capitalize on the growing need for environmental
remediation,” said Mr. Sewell. “Working closely with the Board and
the rest of our seasoned management team, I am confident that we
can further deliver the innovative solutions our customers have
come to expect from Charah, while driving value for our
shareholders and supporting our employees.”
About Charah Solutions, Inc.
With 30 years of experience, Charah® Solutions, Inc. is a
leading provider of environmental and maintenance services to the
power generation industry. Based in Louisville, Kentucky, Charah
Solutions assists utilities with all aspects of managing, recycling
and remediating ash byproducts generated from the combustion of
coal in the production of electricity as well as routine power
plant maintenance and outage services for coal and nuclear energy
providers. The Company also designs and implements environmental
solutions for ash pond management and closure, landfill
construction, fly ash and slag sales, and structural fill projects.
Charah Solutions is the partner of choice for solving customers’
most complex environmental challenges, and as an industry leader in
quality, safety, and compliance, the company is committed to
reducing greenhouse gas emissions for a cleaner energy future. For
more information, please visit www.charah.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical facts, included in this press
release that address activities, events or developments that the
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which may cause actual results to differ materially from those
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Investor and Media:Ed Trissel / Kate Clark / Tim
RagonesJoele Frank, Wilkinson Brimmer Katcher(212) 355-4449
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