Hudson Technologies Announces Appointment of Brian J. Bertaux as Chief Financial Officer
31 July 2024 - 6:30AM
Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of
innovative and sustainable refrigerant products and services to the
Heating, Ventilation, Air Conditioning, and Refrigeration industry
– and one of the nation’s largest refrigerant reclaimers – today
announced the appointment of Brian J. Bertaux to the role of Chief
Financial Officer, effective immediately. Mr. Bertaux replaces Nat
Krishnamurti who is leaving the Company to pursue other endeavors.
Brian Bertaux is a seasoned finance executive
and previously spent 20 years at Trex, an NYSE-traded company that
is the world’s largest manufacturer of high performance, low
maintenance composite decking and railing. During Mr. Bertaux’s
tenure at Trex, the company grew annual revenue from $100 million
to $900 million, and achieved a market cap of $10 billion. At Trex
he served in roles of increasing responsibility, eventually serving
as interim President, Trex Commercial Products. Earlier in his time
at Trex, he served as Senior Director, Finance and Strategy with
oversight of the finance, accounting and IT functions. More
recently, Mr. Bertaux served as Vice President, Finance for
vonDrehle Corporation, a provider of premium paper products, which
was acquired by Marcal Paper in December 2022. He joins Hudson from
Brown Haven Homes, a designer and builder of custom homes in the
southeast, where he served as Chief Financial Officer. Brian earned
a B.S., Finance and Accounting from Frostburg State University and
an MBA from the University of Maryland. He is a Certified Public
Accountant (CPA) and a Certified Treasury Professional (CTP).
Brian F. Coleman, President and Chief Executive
Officer of Hudson commented, “We are pleased to welcome Brian to
Hudson Technologies and believe that with his extensive experience
and proven success as a senior level financial executive at both
public and private entities, he brings a skillset and expertise
ideally suited to his new role at our Company. I look forward to
working closely with Brian as we focus on expanding Hudson’s
leadership role in the cooling and reclamation industry and driving
shareholder value."
“I would also like to thank Nat Krishnamurti for
his many years of service; we wish him well as he pursues new
opportunities.”
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider
of innovative and sustainable refrigerant products and services to
the Heating Ventilation Air Conditioning and Refrigeration
industry. For nearly three decades, we have demonstrated our
commitment to our customers and the environment by becoming one of
the first in the United States and largest refrigerant reclaimers
through multimillion dollar investments in the plants and advanced
separation technology required to recover a wide variety of
refrigerants and restoring them to Air-Conditioning, Heating, and
Refrigeration Institute standard for reuse as certified EMERALD
Refrigerants™. The Company's products and services are primarily
used in commercial air conditioning, industrial processing and
refrigeration systems, and include refrigerant and industrial gas
sales, refrigerant management services consisting primarily of
reclamation of refrigerants and RefrigerantSide® Services performed
at a customer's site, consisting of system decontamination to
remove moisture, oils and other contaminants. The Company’s
SmartEnergy OPS® service is a web-based real time continuous
monitoring service applicable to a facility’s refrigeration systems
and other energy systems. The Company’s Chiller Chemistry® and
Chill Smart® services are also predictive and diagnostic service
offerings. As a component of the Company’s products and services,
the Company also generates carbon offset projects.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995
Statements contained herein which are not
historical facts constitute forward-looking statements. Such
forward-looking statements involve a number of known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, but are not limited to, changes
in the laws and regulations affecting the industry, changes in the
demand and price for refrigerants (including unfavorable market
conditions adversely affecting the demand for, and the price of,
refrigerants), the Company's ability to source refrigerants,
regulatory and economic factors, seasonality, competition,
litigation, the nature of supplier or customer arrangements that
become available to the Company in the future, adverse weather
conditions, possible technological obsolescence of existing
products and services, possible reduction in the carrying value of
long-lived assets, estimates of the useful life of its assets,
potential environmental liability, customer concentration, the
ability to obtain financing, the ability to meet financial
covenants under its existing credit facility, any delays or
interruptions in bringing products and services to market, the
timely availability of any requisite permits and authorizations
from governmental entities and third parties as well as factors
relating to doing business outside the United States, including
changes in the laws, regulations, policies, and political,
financial and economic conditions, including inflation, interest
and currency exchange rates, of countries in which the Company may
seek to conduct business, the Company’s ability to successfully
integrate any assets it acquires from third parties into its
operations, and other risks detailed in the Company's 10-K for the
year ended December 31, 2023 and other subsequent filings with the
Securities and Exchange Commission. The words "believe",
"expect", "anticipate", "may", "plan", "should" and similar
expressions identify forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statement was
made.
Investor Relations
Contact:John Nesbett/Jennifer BelodeauIMS Investor
Relations (203) 972-9200jnesbett@imsinvestorrelations.com |
Company
Contact:Brian F. Coleman, President & CEOHudson
Technologies, Inc.(845) 735-6000bcoleman@hudsontech.com |
Hudson Technologies (NASDAQ:HDSN)
Historical Stock Chart
From Jan 2025 to Feb 2025
Hudson Technologies (NASDAQ:HDSN)
Historical Stock Chart
From Feb 2024 to Feb 2025