GSE Systems Announces the Election of Jack Fuller to Its Board of Directors
15 June 2017 - 11:00PM
Business Wire
GSE Systems, Inc. (GSE or the Company) (NYSE MKT: GVP),
the world leader in real-time high-fidelity simulation systems and
training solutions to the power and process industries, today
announced that John D. (“Jack”) Fuller was elected to the Company’s
Board of Directors at the 2017 Annual Meeting of Stockholders. Mr.
Fuller is a Class I Director and member of the Audit and
Compensation Committees.
Mr. Fuller, former Chairman of the Board of GE Hitachi Nuclear
Energy (“GEH”), brings a wealth of nuclear industry operations and
financial experience to GSE’s Board. He has over 15 years of senior
leadership experience in the nuclear industry, having served as
President and CEO of GEH, CEO of Global Nuclear Fuels, and CFO for
the nuclear business of General Electric Company.
Mr. Fuller's previous assignments with GE spanned multiple
business disciplines and segments, including Aircraft Engines,
Aerospace, Information Technology and Energy. In his 38 plus year
career, Mr. Fuller held senior leadership assignments in general
management, business development, strategic planning, finance,
product development and plant operations. He has been active on the
boards of both the Nuclear Energy Institute in Washington, DC, and
the World Nuclear Association in London, England, supporting the
industry globally on a regular basis. Mr. Fuller is a native of
northern Ohio, and earned a Bachelor degree in Aeronautics/Math
from Miami University, Oxford, Ohio.
Kyle Loudermilk, GSE’s President and Chief Executive Officer,
said, “We welcome Jack to GSE’s Board of Directors and look forward
to leveraging his broad and deep nuclear industry experience, which
includes top leadership roles at one of the world’s renowned
nuclear suppliers. His industry insight and relationships will be
of great value to the company as we expand our offerings to better
serve the power industry.”
Mr. Fuller said, “I am excited to join the Board of Directors of
GSE. The nuclear industry is going through a transition with
workforce development and intellectual property at the forefront.
The company performs a critical role in the industry and I look
forward to helping the Board expand GSE’s footprint in new and
existing markets.”
ABOUT GSE SYSTEMS,
INC.
GSE Systems, Inc. is a world leader in real-time high-fidelity
simulation, providing a wide range of simulation, training and
engineering solutions to the power and process industries. Its
comprehensive and modular solutions help customers achieve
performance excellence in design, training and operations. GSE’s
products and services are tailored to meet specific client
requirements such as scope, budget and timeline. The Company has
over four decades of experience, more than 1,100 installations, and
hundreds of customers in over 50 countries spanning the globe. GSE
Systems is headquartered in Sykesville (Baltimore), Maryland, with
offices in Huntsville, Alabama; Chennai, India; Nyk�ping, Sweden;
Stockton-on-Tees, UK; and Beijing, China. Information about GSE
Systems is available at www.gses.com.
FORWARD LOOKING
STATEMENTS
We make statements in this press release that are considered
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. These statements reflect our
current expectations concerning future events and results. We use
words such as “expect,” “intend,” “believe,” “may,” “will,”
“should,” “could,” “anticipates,” and similar expressions to
identify forward-looking statements, but their absence does not
mean a statement is not forward-looking. These statements are not
guarantees of our future performance and are subject to risks,
uncertainties, and other important factors that could cause our
actual performance or achievements to be materially different from
those we project. For a full discussion of these risks,
uncertainties, and factors, we encourage you to read our documents
on file with the Securities and Exchange Commission, including
those set forth in our periodic reports under the forward-looking
statements and risk factors sections. We do not intend to update or
revise any forward-looking statements, whether as a result of new
information, future events, or otherwise.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170615005588/en/
CompanyGSE Systems, Inc.Chris Sorrells, 410-970-7802Chief
Operating OfficerorThe Equity Group Inc.Kalle Ahl, CFA,
212-836-9614kahl@equityny.comorDevin
Sullivan, 212-836-9608dsullivan@equityny.com
GSE Systems (NASDAQ:GVP)
Historical Stock Chart
From Apr 2024 to May 2024
GSE Systems (NASDAQ:GVP)
Historical Stock Chart
From May 2023 to May 2024