Enerflex Announces the Succession of the President and Chief Executive Officer, Toronto Stock Exchange: EFX



[ad_1]

CALGARY, Alberta, February 21, 2019 (GLOBE NEWSWIRE) – Enerflex Ltd. (TSX: EFX) ("Enerflex" or "Company" or "our") announced today that its Chairman, J. Blair Goertzen and Chief Executive Officer, will retire on May 3, 2019 at the Meeting. annual and extraordinary meeting of the Company's shareholders and will not stand for re-election to the Board of Directors (the "Board"). Marc Rossiter, Executive Vice President and Chief Operating Officer ("COO"), will be appointed President and Chief Executive Officer when Mr. Goertzen retires and is a candidate for election to the Board of Directors at the Meeting shareholders. Mr. Goertzen will remain with Enerflex as Senior Advisor until May 31, 2019, alongside Mr. Rossiter, to ensure a smooth transition.

"Over the past 15 years, Blair has demonstrated outstanding leadership. He has badembled and led a talented management team. His vision and entrepreneurial spirit have enabled Enerflex's growth, profitability, reliability and long-term resilience, "said Stephen Savidant, Chairman of Enerflex's Board of Directors. "On behalf of the full board of directors, I would like to express our gratitude to Blair for his invaluable role in integrating Enerflex into a world leader in energy services."

"It has been a privilege to lead Enerflex and work alongside this extremely effective team as we develop and implement our business strategy. I am proud of our achievements, including our profitable expansion across the entire natural gas value chain, the diversification of innovative products and services, and increased safety performance. " said Mr. Goertzen. "I want to thank Anerflex employees, past and present, who demonstrate our commitment to our customers, our shareholders and the communities in which we operate. I also extend my sincere thanks to the management team and the board for their unwavering support over the past 15 years. The operational excellence of the company within a diversified company is reflected in the team's focus to create and preserve shareholder value. "

Mr. Savidant added, "We are pleased to appoint Marc Rossiter as President and Chief Executive Officer of Enerflex. This is a milestone in a comprehensive and formal succession process for the CEO, which involves a global leadership development and leadership firm, and demonstrates the sustainability of Enerflex's leadership. Marc brings a deep understanding of Enerflex's business and industry, a strong commitment to the Company's proven business strategy and deep leadership skills. "

Mr. Rossiter has over 22 years of experience at Enerflex in advancing several executive roles. Until his appointment to the position of President and Chief Executive Officer, Mr. Rossiter will remain Chief Operating Officer of Enerflex, where he focused on the growth of the figure. business and operating profit, while offering reliable solutions in complete safety. Mr. Rossiter joined the company in Calgary as a Project Engineer and moved to the United States in 2003. Prior to his appointment as Director of Operations in April 2018, Mr. Rossiter was President of the States Region. And had held various positions in sales management and engineering. He began his career in the oil and gas sector as a process engineer, earning his professional engineering status in the province of Alberta. Mr. Rossiter earned a degree in Chemical Engineering and Materials from the Royal Military College of Canada and served the country as an officer of the Canadian Army.

As President and Chief Executive Officer, Mr. Rossiter will be responsible for Enerflex's value creation and sustainable global growth strategy in all areas of the company and through its four operating lines: Technical Systems , after-sales service, property and integrated turnkey. With the management team, Mr. Rossiter will focus on growth opportunities while fulfilling the vision of the company "Transform natural gas to meet global energy needs."

"Marc is extremely capable of driving success for Enerflex," said Goertzen. "His proven capabilities, strategic perspective and clear goal of generating revenue growth and results will be of benefit to the company."

Rossiter's management is comprised of a team of experienced executives: James Harbilas, Executive Vice President and Chief Financial Officer and the four Regional Presidents, Andrew Jack, Canada, Greg Stewart, United States of America. America, Patricia Martinez, Latin America and Phil Pyle, International.

"I've always admired Blair's integrity, leadership and vision for Enerflex. He has built a business with a solid foundation for the future, "said Rossiter. "I look forward to working alongside the entire Enerflex team as we enter the next chapter. Together, we will strive to generate superior returns for our clients, shareholders and employees. "

About Enerflex
Enerflex Ltd. is a unique supplier of natural gas compressors, oil and gas processors, refrigeration systems and power generation equipment, as well as related engineering and mechanical services expertise. The company's extensive internal resources enable engineering, design, manufacturing, construction, commissioning and maintenance of hydrocarbon processing systems. Enerflex's expertise covers field production facilities, natural gas compression and processing facilities, gas compression, refrigeration systems and electrical equipment serving the natural gas production industry.

Headquartered in Calgary, Canada, Enerflex has approximately 2,300 employees worldwide. Enerflex, its subsidiaries, investments in badociates and joint ventures operate in Canada, the United States, Argentina, Bolivia, Brazil, Colombia, Mexico, Australia, the United Kingdom, the United Arab Emirates. United Arab Emirates, Oman, Bahrain, Kuwait, Indonesia and Malaysia. and Thailand. Enerflex's shares trade on the Toronto Stock Exchange under the symbol "EFX". For more information on Enerflex, visit www.enerflex.com.

For investor and media inquiries, please contact:

J. Blair Goertzen
President and CEO
Tel: 403.236.6852

[ad_2]
Source link