FORT WORTH, Texas, July 8, 2014 /PRNewswire/ -- AZZ incorporated
(NYSE: AZZ) ("AZZ"), a global provider of electrical products and
highly engineered services and a provider of galvanizing services
in North America, today announced
the appointment of Mr. Stephen E.
Pirnat to serve as a new member of AZZ's Board of Directors.
Mr. Pirnat will stand for re-election at AZZ's Annual Shareholders
meeting in 2015, along with other AZZ directors.
Mr. Pirnat currently serves as the Managing Director,
Europe, the Middle East and Africa for Quest Integrity Group of Team, Inc.
Mr. Pirnat has also served as the President of Quest
Integrated Inc., a technology incubator and boutique private equity
firm and President of the Quest Metrology Group LLC. From
2000 to 2009, Mr. Pirnat served as the President and Chief
Executive Officer of John Zink Company LLC, a wholly owned
subsidiary of Koch Industries and a global leading supplier of
combustion and environmental solutions. From 1998 to 1999, Mr.
Pirnat served as President and Chief Executive Officer of Pangborn
Corporation, a leading supplier of surface preparation equipment
and associated services to the automotive and aircraft
industries. From 1988 to 1998, Mr. Pirnat served in various
sales, marketing, operational, engineering and executive positions
at Ingersoll-Rand and Ingersoll-Dresser Corporation. Mr. Pirnat
currently serves as a member of the board of directors for
ClearSign Combustion Inc. and Profire Energy, Inc. Mr. Pirnat
earned a B.S. in Mechanical Engineering from the New Jersey Institute of Technology.
Kevern Joyce, Chairman of AZZ's
Board of Directors, said, "We are pleased Steve Pirnat has agreed to join AZZ's Board of
Directors. Steve has built a distinguished career providing
infrastructure solutions to large industrial companies both here in
the U.S. and internationally. He has extensive experience and
understanding of the industries in which AZZ operates and he will
be a valuable asset in providing the Board a broader scope of
industry perspective making its deliberations even more
effective."
Mr. Joyce concluded, "This is an important step for our board as
we look to periodically add new members both to diversify the
Board's experience and its decision-making process. We have
recently implemented a Board refreshment initiative for succession
planning, and the addition of Steve
Pirnat is the first step in this strategic initiative, which
we expect to continue over the next few years."
AZZ incorporated is a global provider of specialty electrical
equipment and highly engineered services to the power generation,
transmission, distribution, and industrial markets as well as a
leading provider of hot dip galvanizing services to the North
American steel fabrication market.
Certain statements herein about our expectations of future
events or results constitute forward-looking statements for
purposes of the safe harbor provisions of The Private Securities
Litigation Reform Act of 1995. You can identify forward-looking
statements by terminology such as, "may," "should," "expects,"
"plans," "anticipates," "believes," "estimates," "predicts,"
"potential," "continue," or the negative of these terms or other
comparable terminology. Such forward-looking statements are based
on currently available competitive, financial and economic data and
management's views and assumptions regarding future events. Such
forward-looking statements are inherently uncertain, and investors
must recognize that actual results may differ from those expressed
or implied in the forward-looking statements. This release may
contain forward-looking statements that involve risks and
uncertainties including, but not limited to, changes in customer
demand and responses to products and services offered by AZZ,
including demand by the power generation markets, electrical
transmission and distribution markets, the industrial markets, and
the hot dip galvanizing markets; prices and raw material cost,
including zinc and natural gas which are used in the hot dip
galvanizing process; changes in the political stability and
economic conditions of the various markets that AZZ serves, both
foreign and domestic, customer requested delays of shipments,
acquisition opportunities, currency exchange rates, adequacy of
financing, and availability of experienced management employees to
implement AZZ's growth strategy. AZZ has provided additional
information regarding risks associated with the business in AZZ's
Annual Report on Form 10-K for the fiscal year ended February 28, 2014 and other filings with the SEC,
available for viewing on AZZ's website at www.azz.com and on the
SEC's website at www.sec.gov. You are urged to consider these
factors carefully in evaluating the forward-looking statements
herein and are cautioned not to place undue reliance on such
forward-looking statements, which are qualified in their entirety
by this cautionary statement. These statements are based on
information as of the date hereof and AZZ assumes no obligation to
update any forward-looking statements, whether as a result of new
information, future events, or otherwise.
Contact:
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Paul Fehlman, Senior
Vice President – Finance and CFO
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AZZ incorporated
817-810-0095
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Internet:
www.azz.com
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Lytham Partners
602-889-9700
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Joe Dorame, Joe Diaz
or Robert Blum
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Internet:
www.lythampartners.com
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SOURCE AZZ incorporated