Powell Industries Names New Chief Operating Officer
HOUSTON, Dec. 3, 2013
HOUSTON, Dec. 3, 2013 /PRNewswire/ --Powell Industries, Inc. (NASDAQ: POWL),
a leading supplier of custom engineered solutions for the management and
control of electrical energy and other critical processes, today announced
that Neil Dial has been named the Company's Senior Vice President and Chief
Operating Officer, a newly created position, effective December 1, 2013.
Mike Lucas, President and Chief Executive Officer, stated, "We are extremely
pleased to welcome Neil to our leadership team. He brings over 30 years of
management experience in manufacturing businesses, with particular expertise
in the electrical products industry. He has a strong background in
manufacturing, including lean enterprise and other productivity enhancing
processes. We look forward to the benefit of his leadership and expertise."
Before joining Powell, since 2008, Mr. Dial served as Senior Vice President of
Global Operations for Power-One, a provider of high-efficiency, high-density
power supply products, where he was responsible for manufacturing, supply
chain management, logistics, facilities planning and program management.
Previously, from 2002 to 2008, he was Vice President and General Manager of
the $1.2 billion North American division of Plexus Corporation, an electronic
manufacturing service provider. Prior to 2002, he held management positions
in operations at Dell Computer, Adflex Solutions, Inc., and Motorola. Mr.
Dial holds a Bachelor of Business Administration from the University of
Northern Iowa and a Master of Arts in Administration from the University of
Powell Industries, Inc., headquartered in Houston, engineers packaged
solutions and systems for the control, distribution and management of
electrical energy and other dynamic processes. Powell markets include large
industrial customers such as utilities, oil and gas producers, refineries,
petrochemical plants, pulp and paper producers, mining operations, commuter
railways and other vehicular transportation facilities. For more
information, please visit powellind.com.
Any forward-looking statements in the preceding paragraphs of this release are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties in that actual
results may differ materially from those projected in the forward-looking
statements. In the course of operations, we are subject to certain risk
factors, competition and competitive pressures, sensitivity to general
economic and industrial conditions, international political and economic
risks, availability and price of raw materials and execution of business
strategy. For further information, please refer to the Company's filings with
the Securities and Exchange Commission, copies of which are available from the
Company without charge.
Contact: Don R. Madison, CFO
Powell Industries, Inc.
SOURCE Powell Industries, Inc.
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