Broadwind Energy Names David E. Janek President of Gearing Business
CICERO, Ill. -- March 15, 2013
Broadwind Energy, Inc. (NASDAQ: BWEN) named David E. Janek as president of its
Brad Foote Gear Works, Inc. subsidiary, effective Monday, April 1, 2013.
Broadwind Energy President and CEO Peter C. Duprey said, “We are delighted to
have Dave Janek on our team. His deep experience with global industrial
manufacturers, expertise in operations and understanding of the
commercial-side of the business will help us expand the market presence of our
gearing offering while we build customer intimacy.”
Prior to joining Broadwind, Janek served as chief financial officer at
Pettibone, LLC, a diversified global manufacturer of industrial products,
including lift equipment and process machinery. Previously, he served as
president of Federal Signal Corporation’s Safety and Security Systems Group, a
$250 million business with 1,000 employees and a global footprint. Prior to
this, he held senior leadership positions of increasing responsibility at
Federal Signal, Zellweger Analytics and Woodhead Industries. Janek started his
career as an auditor at Deloitte.
He holds an MBA degree from Northwestern University and a Bachelor of Science
degree in Accountancy from the University of Illinois.
Janek said, “I look forward to leading the Brad Foote team in the execution of
our strategy to drive profitability and cash flow, improve capacity
utilization, further diversify our industrial customer base and expand our
focus from loose gearing to enclosed drives.”
Janek replaces Daniel Schueller, who resigned to pursue another opportunity.
Duprey stated, “We thank Dan for his many contributions to the business and
wish him well in his future endeavors.”
About Broadwind Energy
Broadwind Energy (NASDAQ: BWEN) applies decades of deep industrial expertise
to innovate integrated solutions for customers in the energy and
infrastructure markets. From gears and gearing systems for wind, oil and gas
and mining applications, to wind towers, to comprehensive remanufacturing of
gearboxes and blades, to operations and maintenance services and industrial
weldments, we have solutions for the energy needs of the future. With
facilities throughout the U.S., Broadwind Energy's talented team of 800
employees is committed to helping customers maximize performance of their
investments—quicker, easier and smarter. Find out more at www.bwen.com.
This release includes various forward-looking statements related to future,
not past, events. Statements in this release that are not historical are
forward-looking statements. These statements are based on current expectations
and we undertake no obligation to update these statements to reflect events or
circumstances occurring after this release. Such statements are subject to
various risks and uncertainties that could cause actual results to vary
materially from those stated. Such risks and uncertainties include but are not
limited to: expectations regarding our business, end-markets, relationships
with customers and our ability to diversify our customer base; the impact of
competition and economic volatility on many of the industries in which we
compete; our ability to realize revenue from customer orders and backlog; the
impact of regulation on our end-markets, including the wind energy industry in
particular; the sufficiency of our liquidity and working-capital; our
restructuring plans and the associated cost-savings; our ability to preserve
and utilize our tax net operating loss carry-forwards; and other risks and
uncertainties described in our filings with the Securities and Exchange
Broadwind Energy, Inc.
John Segvich, 708.780.4825
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