Press Release
EMCOR Group, Inc. Announces Continued Strengthening Of Its EMCOR Government Services Unit Through New Appointments
NORWALK, CONNECTICUT, March 16, 2010 - EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, continues to strengthen its EMCOR Government Services (http://www.emcorgovservices.com/) unit and is pleased to announce the following senior management appointments.
Mr. Michael W. Shelton has been appointed Chairman, EMCOR Government Services (EGS). In this new role, Mike, who had previously been President of EGS, will continue to provide leadership and counsel, build client relationships, and advise with respect to overall strategy.
Mr. Joseph M. Gleeson has been appointed President, EMCOR Government Services. Joe has been instrumental in leading and implementing key business initiatives across EGS, since he joined EGS as Vice President, Support Services in 2008. Joe will now continue to leverage his unique leadership experience and skills as President. Joe’s prior experience in customer centric positions at Carrier Corporation and McKinsey & Company, Inc. and his service in the United States Army as an airborne-ranger combat engineer officer, uniquely qualify him to foster the growth of comprehensive offerings of facilities management and operations and maintenance services of EGS. Joe holds a Bachelor of Science in Aerospace Engineering from the United States Military Academy, where he was also a Professor of Economics, and a Master of Science in Applied Microeconomics and Finance from the Sloan School of Management at Massachusetts Institute of Technology, where he was awarded as a Seley Scholar.
Additionally, Mr. Michael L. Rodgers has been appointed Senior Vice President, Operations, EMCOR Government Services. This appointment recognizes the significant responsibilities Mike has assumed with the expanded growth of EGS in the Washington, DC marketplace, as well as the growth of the EGS operations and maintenance portfolio to GSA locations throughout the U.S.
“These announcements reflect the Company’s strong commitment to the continued growth of EMCOR Government Services, and EGS’ commitment to serve the critical needs of its valued clients”, stated Mr. Anthony J. Guzzi, President and COO, EMCOR Group, Inc. “The leadership and operations of EGS are stronger than ever with a management infrastructure supporting further expansion.”
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2010 revenues of $5.0 billion, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. A leading provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organizations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations. The 25,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the “World’s Most Admired” and “Best Managed”. EMCOR’s diversity---in terms of the services it provides, the industries it serves and the geography it spans---has enabled it to create a stable platform for sustained results. The Company’s strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry. Additional information on EMCOR can be found at www.EMCORGroup.com.
This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR’s services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR’s business are also discussed in the Company’s 2009 Form 10-K, and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.
FOR:
EMCOR GROUP, INC.
CONTACT:
Mava Heffler
Vice President, Marketing & Communications
203-849-7814
Linden Alschuler & Kaplan, Inc.
Media: Suzanne Dawson/Cecile Fradkin
212-575-4545
