AETI Announces CFO Departure
American Electric Technologies, Inc. (Nasdaq: AETI), a leading global supplier of power delivery solutions for the energy industry, today announced that Frances Powell Hawes, AETI's Chief Financial Officer, has resigned from the Company to pursue other opportunities. Ms. Hawes last day of employment will be September 7, 2012.
Charles Dauber, AETI President and Chief Executive Officer stated, "We appreciate Frances' efforts in her time here and wish her well."
Preng and Associates, a leading global executive search firm specializing in the energy and natural resources industries with offices in Houston and London, has been retained to conduct the search for a new Chief Financial Officer.
"I am confident that we will quickly find the best candidate to support our global growth initiatives," said Mr. Dauber.
American Electric Technologies, Inc. (Nasdaq: AETI) is a leading global provider of power delivery solutions to the energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I Construction services, as well as American Access Technologies zone enclosures, and Omega Metals custom fabrication services. South Coast Electric Systems L.L.C., a subsidiary, services Gulf Coast marine and vessel customers.
AETI is headquartered in Houston and has global sales, support and