CINCINNATI, June 12, 2017 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading global energy, environmental, and industrial technology company, today announced that Dennis Sadlowski has been appointed Chief Executive Officer of the Company by the Board of Directors, effective immediately. Mr. Sadlowski has been acting in the role of interim CEO of CECO since January 24, 2017 and has been a member of the Company's board of directors since May 2016.
"The board, under the leadership of a special search committee and with a nationally recognized executive recruiting firm, conducted a review of both internal and external candidates and determined that Dennis is the best choice for CEO. CECO is very fortunate to have someone with Dennis' experience, leadership skills and character. During his tenure as interim CEO, Dennis spent considerable time with the Company's customers, suppliers and employees and has a running start as the permanent CEO to help CECO achieve its strategic and financial goals, including driving increasing shareholder value. On behalf of the entire board and the CECO team, we look forward to Dennis' leadership in this role," commented CECO's Chairman, Jason DeZwirek.
Dennis Sadlowski said, "I am very excited to be selected as the permanent CEO. The Company, its products and technologies and especially its people are world-class and we have an enormous opportunity ahead of us to generate significant growth for all of our stakeholders. I look forward to continuing to work with the board and the senior leadership team in executing our strategic plans to achieve the success I know we can all realize."
Mr. Sadlowski, 56, previously held a number of senior leadership roles including CEO of Siemens Energy and Automation, COO of LSG Sky Chefs, and CEO of International Battery. Mr. Sadlowski also previously worked at General Electric and Thomas & Betts. Mr. Sadlowski continues to serve on the board of directors and audit committee of Trojan Battery, a privately-held global leader in deep cycle lead-acid batteries. He earned a Bachelor's degree in Chemical and Nuclear Engineering from the University of California at Berkeley, and his Master's Degree in Business Administration from Seattle University.
About CECO Environmental
CECO is a diversified global provider of leading engineered technologies to the energy, environmental, and fluid handling and filtration industrial segments, targeting specific niche-focused end markets through an attractive asset-light business model. We provide a wide spectrum of products and services including dampers & diverters, cyclonic technology, thermal oxidizers, separation and filtration systems, selective catalytic reduction ("SCR") and selective non-catalytic reduction ("SNCR") systems, scrubbers, dampers and silencers, exhaust systems, fluid handling equipment and plant engineered services and design build fabrication. CECO's products play a vital role in helping companies achieve exacting production standards, meeting increasing plant needs and stringent emissions control regulations around the globe. The company serves a broad range of markets and industries, including power, municipalities, chemical, industrial manufacturing, mid-stream pipeline natural gas transmission, refining, petrochemical, metals, minerals & mining companies, as well as hospitals and universities. CECO targets its $5 billion+ of installed base, specifically to expand and grow a higher recurring revenue of aftermarket products and services. CECO is listed on Nasdaq under the ticker symbol "CECE." For more information, please visit www.cecoenviro.com.
Edward Prajzner, Executive Vice President Corporate Development
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SOURCE CECO Environmental Corp.