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Last $8.83 USD
Change Today +0.031 / 0.35%
Volume 1.7K
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

ecology and environ -cl a (EEI) Key Developments

Ecology and Environment Inc. Wins $15 Million Navy Contract

Ecology and Environment Inc. (E &E) has been awarded a $15,000,000 indefinite-delivery/indefinite-quantity contract with Naval Facilities Engineering Command (NAVFAC) Atlantic to provide base development planning and engineering services for Air Installations Compatible Use Zones (AICUZ) and Range Air Installations Compatible Use Zones (RAICUZ) studies. The contract has a 60-month term, with an expected completion date in April 2020. Work will be performed in Maryland, Virginia, North Carolina, Florida, California, and the adjacent waters of the Atlantic and Pacific Oceans, including the continental United States, the Caribbean, Europe, North Africa, and other areas worldwide.

Ecology & Environment, Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended January 31, 2015

Ecology & Environment, Inc. reported consolidated earnings results for the second quarter and six months ended January 31, 2015. For the quarter, the company reported revenue, net of $28,162,000 against $29,077,000 a year ago. Net loss attributable to the company was $152,000 against $785,000 a year ago. Net loss per basic and diluted common share was $0.04 against $0.18 a year ago. For the six months, the company reported revenue, net of $61,352,000 against $63,827,000 a year ago. Net profit attributable to the company was $695,000 against loss of $404,000 a year ago. Net income per basic and diluted common share was $0.16 against loss of $0.09 a year ago. Lower revenues were driven by reduced project work volumes in government, energy, asbestos inspection and mining sectors in the U.S. and reduced energy sector project activity in Brazil. These reductions were partially offset by higher Department of Defenserevenues in the U.S. and higher energy sector revenues from operations in Peru.

Ecology & Environment, Inc., Board Meeting, Mar 07, 2015

Ecology & Environment, Inc., Board Meeting, Mar 07, 2015. Agenda: To approve the retirement of Gerald A. Strobel as Chief Executive Officer.

Ecology and Environment, Inc. Announces Executive Changes

Ecology and Environment, Inc. announced the retirement of Gerald A. Strobel from his positions of Chief Executive Officer and Executive Vice President of the Company, effective March 6, 2015. The E & E Board of Directors accepted Mr. Strobel's retirement at a special meeting called by the Chairman of the Board held on March 7, 2015. At that meeting, the Board of Directors appointed E & E President Gerard A. Gallagher III as President and CEO. Mr. Strobel will continue to serve as a member of the Board of Directors. Mr. Strobel is a Company co-founder and has served as CEO since August 2013. Mr. Strobel also stated in his letter that his appointment as CEO was intended to be transitional. Mr. Strobel has worked closely with Mr. Gallagher in evolving the organization and improving performance while setting the stage for transition. Mr. Gallagher, has been employed by the company for 34 years. He was appointed President of the company in January 2014. He previously served as Vice President and Regional Manager for Southern U.S. Operations and Senior Vice President, Sustainability.

Ecology and Environment, Inc. Announces Five Vice President Appointments

The board of directors of Ecology and Environment, Inc. has appointed five new Vice Presidents: Dan Castle AICP, Mike Donnelly, Doug Heatwole, Mike Kane, and Dan Sewall. A certified planner in E & E's Buffalo, NY office, Mr. Castle will be responsible for guiding strategic business development, capture planning initiatives, and client relationship management across multiple federal and state government and commercial market sectors. As practice area leader for oil and gas services, Mr. Donnelly will lead oil and gas business development efforts from E & E's Houston, TX office and will be responsible for developing technical resources capacity, maintaining client relationships, and overseeing quality control. From E & E's Pensacola, FL office, Mr. Heatwole will assume new responsibilities in business development and will help to build E & E's growing portfolio of restoration work, along with his ongoing leadership in regional markets and in new market endeavors. As a practice area leader for E & E's Navy services, Mr. Kane will provide a holistic approach to integrating business development and project performance in the practice area and will lead eastern U.S. technical operations from E & E's Buffalo, NY headquarters. Mr. Sewall will lead central U.S. technical operations from E & E's Chicago, IL office and will continue to provide leadership for improving E & E's technical resources organization. Senior management has also recommended Mr. Sewall for appointment to the board of directors of E & E companies Gustavson Associates, LLC and Lowham Walsh, LLC.


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