Houston Wire & Cable Company Names James L. Pokluda III CEO and Director
22 Dicembre 2011 - 10:32PM
Marketwired
Houston Wire & Cable Company (NASDAQ: HWCC) today announced
that, in accordance with its previously announced succession plan,
the Board of Directors has named James L. Pokluda III, President of
the Company, to the additional position of Chief Executive Officer
and elected Mr. Pokluda to the Company's Board, effective January
1, 2012. Mr. Pokluda will replace Charles A. Sorrentino, the
Company's current CEO, who as previously reported, will resign from
the Board and retire as Chief Executive Officer at year end.
Mr. Pokluda was appointed President in May 2011. Over the past
24 years, Mr. Pokluda has a demonstrated history of substantial
contributions to the Company including the construction and
leadership of its long-term growth plan, implementation of the
National Service Center, commercialization of its private branded
products, co-leadership of the initial public offering in 2006, the
add-on offering in 2007, and 2010 acquisitions. Mr. Pokluda served
on the Board of Directors of Houston Electrical League (HEL) for
several years, is an affiliate member of the National Association
of Electrical Distributors (NAED), and a graduate of the College of
Engineering at Texas A&M University.
The Company also announced that its Board of Directors has named
William H. Sheffield as the new Chairman of the Board, effective
January 1, 2012. Mr. Sheffield has been a member of the Board since
2006. Mr. Sheffield will assume the Chairman role from Scott L.
Thompson, who will remain on the Board. Earlier this month, Mr.
Thompson was named Chairman of the Board of Dollar Thrifty
Automotive Group, where he also serves as President and CEO, and in
light of the increased demands on his time requested that the Board
consider choosing a new Chairman.
About the Company
With 35 years experience in the industry, Houston Wire &
Cable Company is one of the largest providers of wire and cable in
the U.S. market. Headquartered in Houston, Texas, the Company has
sales and distribution facilities strategically located throughout
the nation.
Standard stock items available for immediate delivery include
continuous and interlocked armor, instrumentation, medium voltage,
high temperature, portable cord, power cables, private branded
products, including LifeGuard™, a low-smoke, zero-halogen cable,
mechanical wire and cable and related hardware, including wire
rope, lifting products and synthetic rope and slings.
Comprehensive value-added services include same-day shipping,
knowledgeable sales staff, inventory management programs,
just-in-time delivery, logistics support, customized internet-based
ordering capabilities and 24/7/365 service.
CONTACT: Nicol G. Graham Vice President & CFO Direct:
713.609.2125 Fax: 713.609.2205 Email Contact
Grafico Azioni Houston Wire and Cable (NASDAQ:HWCC)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Houston Wire and Cable (NASDAQ:HWCC)
Storico
Da Lug 2023 a Lug 2024