Charlie Brown Joins Forterra as Executive Vice President and Chief Financial Officer
IRVING, Texas, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Forterra, Inc. ("Forterra" or the "Company") (NASDAQ:FRTA), a leading manufacturer of water infrastructure pipe and products in the United States and Eastern Canada, today announced the appointment of Charlie Brown as Executive Vice President and Chief Financial Officer, to begin his employment on or before September 25, 2017. Mr. Brown is an industry veteran with over 25 years of experience driving growth and improvement at manufacturing and construction materials companies. Mr. Brown will report to Chief Executive Officer Jeff Bradley and serve on the Company's executive leadership team. He will succeed Matt Brown, who has resigned from the Company to pursue other opportunities.
Charlie Brown previously served as Chief Financial Officer of Oldcastle Materials Company, the North American materials division of CRH plc with $8 billion in 2016 revenue, where he led over 500 associates in over 1,200 locations, including finance, accounting, risk management and real estate personnel. During his tenure, he led implementation of enhanced financial systems, including SOX compliance, and improved business reporting capabilities and internal controls. In addition to his core responsibilities as CFO, Mr. Brown was active in Oldcastle's operational management and acquisition activities, having completed over 100 deals during his time as CFO of the company and led efforts to enhance the procurement function and cost savings initiatives.
Mr. Brown joined Oldcastle Materials as Vice President of Finance in 2003 and was promoted to Senior Vice President of Finance in 2007 and Chief Financial Officer in 2008. Prior to Oldcastle Materials, he held various finance and senior management roles of increasing responsibility at Vulcan Materials from 1996 to 2003 and at PPG Industries from 1990 to 1996. Mr. Brown holds a Bachelor of Arts in International Economics from The George Washington University in Washington, D.C., and Master of Management from Northwestern University (Kellogg) in Evanston, Illinois.
"We are pleased to announce Charlie's appointment as Forterra's CFO," said Mr. Bradley. "Charlie brings a strong background in finance and proven leadership capabilities, with over nine years serving as a CFO of Oldcastle Materials Company. I look forward to working alongside him to leverage his skills, expertise and experience as we focus on executing our growth strategy and delivering value to our shareholders. I also want to thank Matt for his contributions to Forterra over the past two years. We wish him well in his future endeavors."
Matt Brown's decision to resign was not motivated by any disagreements over financial statements or disclosures.
About Forterra, Inc.
Forterra is a leading manufacturer of pipe and products in the U.S. and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution, drainage and stormwater management. Based in Irving, Texas, Forterra's product breadth and scale help make it a preferred supplier to a wide variety of customers, including contractors, distributors and municipalities. For more information on Forterra, please visit www.forterrabp.com.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's filings with the Securities and Exchange Commission for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.
Company Contact Information: David Lawrence Vice President and Treasurer 469-299-9113 IR@forterrabp.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Forterra, Inc. via Globenewswire
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
Early Warning Report23.5.2018 20:05 | Pressemelding
VANCOUVER, British Columbia, May 23, 2018 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE:FSM) (TSX:FVI) announces that pursuant to a warrant exercise, it has acquired for a purchase price of C$803,571, direct ownership of 5,357,142 common shares (the "Shares") of Prospero Silver Corp. ("Prospero"), of 510 West Georgia Street, Suite 1800, Vancouver, BC V6B 0M3, at a price of C$0.15 per Share. Immediately following this transaction, Fortuna owned 10,714,284 common shares of Prospero, representing 22.74% of the issued and outstanding common shares of Prospero. Immediately prior to the transaction, Fortuna owned 5,357,142 common shares and 5,357,142 common share purchase warrants. The Shares were acquired by Fortuna for investment purposes, and depending on market and other conditions, it may from time to time in the future increase or decrease its ownership, control or direction over securities of Prospero through market transactions, private agreements, or otherwise. Fortuna has fil
GaN Systems to Showcase Innovative GaN Power Technologies and Customer Solutions at PCIM Europe 201823.5.2018 15:00 | Pressemelding
Record-setting GaN transistors and an array of new products, design tools, and reference designs that make it easier to develop ground-breaking power systems will be displayed OTTAWA, May 23, 2018 (GLOBE NEWSWIRE) -- GaN Systems, the global leader in GaN (gallium nitride) power semiconductors, today announced that it will be exhibiting the company's new products and design tools and presenting customer demonstrations at PCIM Europe 2018 (Power Conversion and Intelligent Motion), Booth 511 in Hall 9 (9-511) from June 5-6, 2018 in Nuremberg, Germany. At PCIM Europe, one of the leading exhibitions for power electronics and its applications, attendees to the GaN Systems booth will learn about new products, the numerous IC companies that have collaborated with GaN Systems, and a vast array of customer implementations spanning the consumer, data center, industrial, and automotive market segments. Also, GaN Systems' subject matter experts will be speaking at four sessions over the course of t
Addiko Bank Implements Digital Banking Solutions on Appian23.5.2018 13:30 | Pressemelding
Digital Lending and Trade Finance applications cut customer wait times in half RESTON, Va., BELGRADE, Serbia and LJUBLJANA, Slovenia, May 23, 2018 (GLOBE NEWSWIRE) -- Appian (Nasdaq:APPN) and Addiko Bank, an international financial group headquartered in Vienna, Austria, today announced that the bank has deployed two new digital banking applications on Appian's low code application platform. The applications cover Lending and Trade Finance processes across Addiko's Corporate and Small Medium Enterprise (SME) customers. The applications have reduced customer wait times by as much as 50% by cutting "time to yes" for simple loans down from one week to just three days. Addiko Bank is the only financial group primarily focused on markets in the South Eastern Europe region (SEE), servicing more than 1 million customers. With these Appian deployments, Addiko Bank is the first bank within the SEE region to provide such a digital banking platform to customers in Slovenia and Serbia. Addiko is a
GMO Internet Group Offers GMO miner, The World's First Mining Machine Equipped with Mining Chips Using a Cutting-Edge 7 nm Process Technology: information session on Wednesday, June 623.5.2018 13:03 | Pressemelding
TOKYO, May 23, 2018 (GLOBE NEWSWIRE) -- Tokyo, Japan - May 23, 2018 - GMO Internet Group (https://www.gmo.jp/en/ ) will launch GMO miner (product name: GMO miner B2), which is our own high-performance computer for mining (mining machine), on Wednesday, June 6, 2018. We will mass-produce the world's first mining machine equipped with a cutting-edge 7 nm* process based semiconductor chip (7 nm mining chip; "GMO 72b"), which will be shipped at the end of October 2018. As a result, an information session for potential customers considering the purchase of GMO miner will be held on Wednesday, June 6 in Shibuya, Tokyo, and we will explain the details of GMO miner, such as price and performance. *nm: nanometer. 1/1 billion meters. 1/1 million millimeters. Selling "GMO miner" Cryptocurrency mining requires high-performance mining machines enabling highly sophisticated and intensive computation. Accordingly, GMO Internet Group has been working on research and development of a cutting-edge 7 nm
SolarWinds Extends Network Management Software Leadership with Deeper Visibility and Smarter Scalability23.5.2018 12:30 | Pressemelding
Software now simplifies management of complex networks with Network Insight for Cisco Nexus and intelligent mapping, supporting environments four times larger than previous generation AUSTIN, Texas, May 23, 2018 (GLOBE NEWSWIRE) -- SolarWinds, the worldwide leader in network management software, today announced a wave of updates to its network management product portfolio, which can now support networks up to four times larger than the previous generation. This significant gain makes it easy to consolidate monitoring solutions to a single provider enterprise-wise, and gives IT professionals far greater flexibility to scale up and support larger data center networks as workloads increase, or scale out to address complex distributed networks. SolarWinds says the broad refresh of its network management portfolio strengthens its IDC®-validated network management leadership position.1 Updated versions of Network Performance Monitor (NPM), Network Configuration Manager (NCM), IP Address Mana
VITEC to Showcase High-Quality, Low-Bandwidth Tactical Video Solutions at Eurosatory 201823.5.2018 10:00 | Pressemelding
VITEC Boosts Its ISR and Homeland Security Video Streaming and Dissemination Solutions With the World's Smallest Quad-Channel Rugged HEVC Encoder and a New Military-Grade IPTV Portal PARIS, May 23, 2018 (GLOBE NEWSWIRE) -- VITEC, a worldwide leader in advanced video encoding and streaming solutions, today announced it will showcase its latest high-performance video streaming solutions for military and defense applications at Eurosatory 2018. Scheduled for June 11-15 at Paris Nord Villepinte, Eurosatory is the premier international defense and security exhibition. "VITEC is strongly committed to providing every capability for processing and distributing Intelligence, Surveillance, and Reconnaissance (ISR) and situational awareness video generated in the field," said Richard Bernard, product manager, VITEC. "As a result of that commitment, we've added MGW Diamond TOUGH to our encoder lineup. The multichannel encoder streams up to eight video channels with extremely low bandwidth and low
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom