February 16, 2010
CECO ENVIRONMENTAL NAMES JEFF LANG CHIEF EXECUTIVE OFFICER
Over 30 years of executive operating management experience at both
Ingersoll Rand and McJunkin Red Man (a Goldman Sachs portfolio company)
CINCINNATI, OHIO, February 16, 2010 - CECO Environmental Corp.
(NasdaqGM: CECE), a leading provider of industrial ventilation and pollution
control systems, today announced that its Board of Directors has appointed Jeff
Lang to serve as the Company's Chief Executive Officer, effective immediately. Mr.
Lang succeeds Phillip DeZwirek who will continue to serve as Chairman of the Board.
Mr. Lang brings more than 30 years of executive operating management to CECO.
Prior to joining the Company, Mr. Lang served as Executive Vice President,
Operating Officer of McJunkin Red Man Corporation, a Goldman Sachs portfolio
company and the market leader in pipe, valves and fittings, with annual sales of
approximately $4.5 billion and over 3,000 employees. He also served as Senior Vice
President, Operating Officer of Red Man Pipe and Supply Company which merged with
McJunkin Corp in 2007 and had revenues in excess of $1.8 billion. At both
companies, Mr. Lang had full P&L responsibility, including sales, operations,
distribution, manufacturing, and strategic planning, reporting directly to the CEO.
For the 25 years prior to joining McJunkin Red Man Corp., Mr. Lang began his
career at Ingersoll Rand Air Solution`s group and expanded to greater leadership
and general management positions, including the Director of Ingersoll Rand`s Air
Solution’s North American sales, service and distribution operations division.
From 1999 through 2005, Mr. Lang contributed to Ingersoll Rand Air Solutions Group
significant profitable growth and sustainable market leadership. Mr. Lang was a
key member of Ingersoll Rand’s Global Industrial Technologies sector business.
Phillip DeZwirek, Chairman of CECO Environmental Corp., said, "I am very pleased
that Jeff has joined our Company as Chief Executive Officer. His vast operational,
leadership and global experience in the industrial and energy sectors is ideally
suited as CECO continues to capitalize on its industry position and expands its
presence throughout the globe.”
Mr. Lang said, "I am very excited to be joining CECO. The Company has an impressive
portfolio of businesses and assets that is poised for above average growth both
organically and through global expansion, especially with the increased demand for
environmental regulation around the world. I look forward to working with the
management team and board as we continue to grow CECO’s leadership position and
build value for all our stakeholders.”
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