Charah Solutions, Inc. Appoints Roger D. Shannon as Chief Financial Officer
June 11 2019 - 7:36AM
Business Wire
Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading
provider of environmental and maintenance services to the power
generation industry, today announced the appointment of Roger D.
Shannon as Chief Financial Officer (CFO) and Treasurer, effective
June 17, 2019. Current Interim CFO and Treasurer, Nicholas Jacoby,
will remain with the Company as Vice President of Finance.
Mr. Shannon is a CPA and a CFA® charterholder with more than 30
years of corporate finance and accounting experience. He joins
Charah Solutions from ADTRAN, a publicly traded provider of
next-generation networking solutions, where he held various roles
including CFO, Senior Vice President of Finance, Treasurer and Head
of Corporate Development since 2015. Prior to his time at ADTRAN,
Mr. Shannon served as CFO and Treasurer for Steel Technologies for
more than nine years. Earlier in his career, he performed a variety
of senior finance roles at Brown-Forman and British American
Tobacco, as well as accounting positions at Vulcan Materials
Company, Lexmark International and KPMG. Mr. Shannon received a
B.S. in accounting from Auburn University and an MBA from the Terry
College of Business at the University of Georgia.
“Roger is a talented executive with a long history of providing
financial and strategic leadership to successful corporations
across a range of industries. On behalf of the Board of Directors
and our valued employees, I am delighted to welcome him to Charah
Solutions,” said Scott Sewell, Charah Solutions President and Chief
Executive Officer. “We are confident that Roger’s extensive
financial and public company experience will be immediately
beneficial as we continue executing our growth strategy and
delivering value to our shareholders.”
“I am very excited to join the Charah Solutions team and use my
public company CFO experience to help the Company deliver
long-term, profitable growth,” said Mr. Shannon. “Charah Solutions
is well positioned for growth, and I’m looking forward to working
closely with Scott and the rest of the leadership team, as well as
the Board, to strengthen the Company’s financial position, enhance
shareholder value and contribute to Charah Solutions’ continued
success.”
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, with operations in fossil fuel and
nuclear power generation sites across the country. Based in
Louisville, Kentucky, Charah Solutions assists utilities with all
aspects of managing and recycling 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
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
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which may cause actual results to differ materially from those
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version on businesswire.com: https://www.businesswire.com/news/home/20190611005528/en/
Investors:Tony SemakCharah Solutions, Inc.(502)
245-1353ir@charah.com
Media:Joele Frank, Wilkinson Brimmer KatcherEd Trissel /
Kate Clark / Tim Ragones212-355-4449media@charah.com
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