Long-time Perma-Pipe board member Mark Zorko intends to resign
NILES, Ill.--(BUSINESS WIRE)--
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced
changes to its Board of Directors, including the appointment to the
Board of Mrs. Cynthia (Cindy) Boiter effective January 21, 2019. Mrs.
Boiter replaces long-time Perma-Pipe Director Mr. Mark Zorko, who
submitted his resignation from the Board effective February 01, 2019.
Mrs. Boiter, age 44, is Chief Financial Officer, Chemicals Division of
Milliken & Company, which is headquartered in Spartanburg, South
Carolina. Milliken is a leading, privately-held, technology-based
company with businesses in the performance material, floor covering and
chemical markets. Mrs. Boiter is a seasoned finance leader with over 20
years of global business experience.
Mrs. Boiter joined Milliken in 2012 as the Director of Marketing,
Strategy and Business Development for the Chemicals Division. Her scope
of experience covers both public and private sectors in a variety of
industries. In 2013, she became the Chief Financial Officer for the
Chemicals Division. Prior to joining Milliken, Mrs. Boiter held various
finance and business leadership positions at Eaton Corporation and
MeadWestvaco. She has a B.S. in Accounting from Indiana University and a
Masters of Business Administration from Emory University.
Chairman of the Board Mr. David Barrie commented, “We are very pleased
to have Cindy join our Board and look forward to her contributions.
Drawing from her years of experience and success, she will provide fresh
insights to our team as we continue to transform our business at an
accelerated pace.”
President and CEO Mr. David Mansfield added, “We regularly evaluate our
Board composition to ensure it includes the appropriate skills,
experience and perspectives necessary to drive growth for our
shareholders. Cindy’s appointment reinforces our responsiveness to focus
on aligning Board talent with shareholder expectations, including
refreshing 80% of our Board over the past five years.”
Mrs. Boiter commented, “It is an honor to join the Board of Perma-Pipe.
I am excited to be part of a great team and look forward to contributing
to the company’s future success.”
Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is a global
leader in pre-insulated piping and leak detection systems for oil and
gas gathering, district heating and cooling, and other applications. It
uses its extensive engineering and fabrication expertise to develop
piping solutions that solve complex challenges regarding the safe and
efficient transportation of many types of liquids. In total, Perma-Pipe
has operations at seven locations in five countries.
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COMPANY: Perma-Pipe International Holdings, Inc.
CONTACTS:David Mansfield, President and CEO
Perma-Pipe Investor
Relations
847.929.1200
investor@permapipe.com
Source: Perma-Pipe International Holdings, Inc.