Powell Industries Names New President And Chief Executive Officer

Powell Industries, Inc.

announced that its Board of Directors has named Michael A. Lucas President and Chief Executive Officer of the Company, effective August 20, 2012. For the past 14 years, Mr. Lucas has held various senior management positions at Emerson, most recently as President, Emerson Network Power Energy Systems, a $1.2 billion global provider of high reliability power systems and project services. Thomas W. Powell, Chief Executive Officer, stated, "On behalf of our Board of Directors and the Company, I am extremely pleased to welcome Michael to Powell. His 27 years of professional sales, operational and general management experience, both domestic and international, will be of great value to our organization. He has industry expertise in power systems, power quality, process control and instrumentation, and industrial automation and has been involved with numerous product lines that relate to Powell's products and solutions.