Mistras Group, Inc. Elects Charles P. Pizzi to Board of Directors
December 02 2020 - 4:01PM
MISTRAS Group, Inc. (NYSE: MG) announced today that Mr. Charles P.
Pizzi, Independence Health Group Chairman and former executive of
Tasty Baking Company, has been elected to the company’s Board of
Directors, effective January 1, 2021.
As part of his Board appointment, Mr. Pizzi will serve as a
member of the Board’s Audit Committee and Corporate Governance
Committee.
“We are delighted that Mr. Pizzi will be joining the MISTRAS
Board,” said Dennis Bertolotti, MISTRAS Group President and Chief
Executive Officer (CEO). “We look forward to his contributions, as
he brings with him a tremendous breadth of executive leadership and
corporate governance experience, along with a reputation for his
commitment to excellence and integrity.”
“We welcome Mr. Pizzi’s counsel and perspective as MISTRAS
continues to fortify its position as an asset protection industry
leader,” said Dr. Sotirios J. Vahaviolos, MISTRAS Group founder and
Executive Chairman.
Mr. Pizzi served as President & CEO of the NASDAQ-listed
Tasty Baking Company, a Philadelphia-based snack manufacturer with
distribution across the United States, from 2002 to 2011. Prior to
this role, Mr. Pizzi was President and CEO of the Greater
Philadelphia Chamber of Commerce for 13 years, overseeing a record
growth in membership.
Mr. Pizzi has served on the Board of Directors of Independence
Health Group since 1991 and as Chairman of the Board since 2018,
where he has contributed to the company’s revenue growth from $3
billion to $19 billion. He also serves as Lead Director for
Pennsylvania Realty Trust, and on the boards for Brandywine Realty
Trust and Franklin Square Energy and Global Opportunity Funds.
Previously, he served as Chairman of the Federal Reserve Bank of
Philadelphia from 2010-2011, and as a Director 2008 to 2011.
Mr. Pizzi is an active participant in civic and community
affairs, holding board member positions for multiple non-profit
organizations spanning education, fine arts, and industrial
development. In 2009, Mr. Pizzi was awarded the William Penn Award,
the highest honor in the Greater Philadelphia business
community.
Mr. Pizzi graduated with a B.A. from La Salle University
(Philadelphia, PA), earned an M.S. at the University of
Pennsylvania, and received an honorary doctorate from St. Joseph's
University (Philadelphia, PA).
For more information about MISTRAS Group’s Corporate Governance,
visit investors.mistrasgroup.com.
About MISTRAS Group, Inc.
MISTRAS Group, Inc. (NYSE: MG) is a leading "one source"
multinational provider of integrated technology-enabled asset
protection solutions, helping to maximize the safety and
operational uptime for civilization’s most critical industrial and
civil assets.
Backed by an innovative, data-driven asset protection portfolio,
proprietary technologies, and decades-long legacy of industry
leadership, MISTRAS leads clients in the oil and gas, aerospace and
defense, renewable and nonrenewable power, civil infrastructure,
and manufacturing industries towards achieving and maintaining
operational excellence. By supporting these organizations that help
fuel our vehicles and power our society; inspecting components that
are trusted for commercial, defense, and space craft; and building
real-time monitoring equipment to enable safe travel across
bridges, MISTRAS helps the world at large.
MISTRAS enhances value for its clients by integrating asset
protection throughout supply chains and centralizing integrity data
through a suite of Industrial IoT-connected digital software and
monitoring solutions. The company’s core capabilities also include
non-destructive testing field and in-line inspections enhanced by
advanced robotics, laboratory quality control and assurance
testing, sensing technologies and NDT equipment, asset and
mechanical integrity engineering services, and light mechanical
maintenance and access services.
For more information about how MISTRAS helps protect
civilization’s critical infrastructure, visit
https://www.mistrasgroup.com or contact Nestor S. Makarigakis,
Group Vice President of Marketing at marcom@mistrasgroup.com.
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