Itron Announces Election of Lynda Ziegler to Vice Chairman of the Board of Directors
27 February 2015 - 8:30AM
Business Wire
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and
services company dedicated to the resourceful use of energy and
water, announced today that its board of directors has elected
Lynda L. Ziegler to the new role of vice chairman of the board of
directors, effective April 1, 2015. The vice chairman position was
created as a part of the board’s succession planning process to
ensure the seamless transition of responsibilities when the current
chairman’s term concludes.
Ziegler has been an independent member of the Itron board since
February 2013. She brings extensive experience in the energy
industry to the board. In September 2012, she retired from Southern
California Edison (SCE), one of the largest electric utilities in
the U.S. and part of Edison International. Ziegler was responsible
for the successful automation of nearly 5 million meters and
associated supporting systems as a part of SCE’s Edison
SmartConnect® program.
“It has been an honor to work with Lynda since she joined the
board two years ago, and I look forward to working even more
closely with her during the next year,” said Jon Eliassen, chairman
of Itron’s board of directors. “Lynda’s extensive
business and industry experience makes her well-qualified to take
on the new role of vice chairman. The board will be in good hands
when my tenure as chairman ends in May 2016.”
“Itron has benefited greatly from Lynda’s utility industry
expertise and her experience as a pioneer in grid modernization,”
said Philip Mezey, Itron president and chief executive officer. “I
am pleased that Itron and our customers will continue to benefit
from Lynda’s valuable insights as we work toward creating a more
resourceful world.”
Forward-Looking Statements:
This release contains forward-looking statements concerning our
expectations about operations, financial performance, sales,
earnings and cash flows. These statements reflect our current plans
and expectations and are based on information currently available.
The statements rely on a number of assumptions and estimates, which
could be inaccurate, and which are subject to risks and
uncertainties that could cause our actual results to vary
materially from those anticipated. Risks and uncertainties include
the rate and timing of customer demand for our products,
rescheduling of current customer orders, changes in estimated
liabilities for product warranties, changes in laws and
regulations, our dependence on new product development and
intellectual property, future acquisitions, changes in estimates
for stock-based and bonus compensation, increasing volatility in
foreign exchange rates, international business risks and other
factors that are more fully described in our Annual Report on Form
10-K for the year ended December 31, 2014 and other reports on file
with the Securities and Exchange Commission. Itron undertakes no
obligation to update publicly or revise any forward-looking
statements, including our business outlook.
About Itron
Itron is a world-leading technology and services company
dedicated to the resourceful use of energy and water. We provide
comprehensive solutions that measure, manage and analyze energy and
water. Our broad product portfolio includes electricity, gas, water
and thermal energy measurement devices and control technology;
communications systems; software; as well as managed and consulting
services. With thousands of employees supporting nearly 8,000
customers in more than 100 countries, Itron applies knowledge and
technology to better manage energy and water resources. Together,
we can create a more resourceful world. Join us: www.itron.com.
Itron, Inc.Sharelynn Moore, 509-891-3524Vice President,
Corporate Marketing and Public Affairssharelynn.moore@itron.com
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