Perma-Fix Environmental Services Appoints New President of Industrial Waste Management Services
ATLANTA, April 22 /PRNewswire-FirstCall/ -- Perma-Fix Environmental Services, Inc. (Nasdaq: PESI; Boston) (Germany: PES.BE) today announced the appointment of Mr. Timothy P. Keegan as President of the Industrial Waste Management Services Segment.
Mr. Keegan brings over 24 years of experience in the hazardous waste management industry. Most recently, Mr. Keegan served as Senior Vice President of Safety-Kleen Corporation, where he had sales, operational, and accounting responsibility for over $300 million in revenue. Mr. Keegan also served as Corporate Vice President for southeast operations at Safety-Kleen from 1998-1999, and Vice President of PCB/remedial services from 1995-1998. Prior to joining Safety-Kleen, Mr. Keegan served as Vice President of PCB services for USPCI from 1991-1995. Mr. Keegan also served as President of PPM, Inc., a PCB waste management company from 1988-1991.
Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "Tim brings a wealth of operational and management experience in the waste management industry. He has an impressive record of growing both revenue and profits within the companies he has managed. With Tim's leadership skills, in combination with our enhanced management team now in place, I am extremely confident in the future prospects for our Industrial Waste Management Services Segment."
Perma-Fix Environmental Services, Inc. is a national environmental services company, providing unique mixed waste and industrial waste management services. The Company operates nine major waste treatment facilities across the country. The industrial services segment provides hazardous and non- hazardous waste treatment services for a diverse group of customers including Fortune 500 companies, numerous federal, state and local agencies and thousands of smaller clients. The Company has increased its focus on the nuclear services segment, which provides radioactive and mixed waste treatment services to hospitals, research laboratories and institutions, numerous federal agencies including the Departments of Energy and Defense and nuclear utilities. This press release contains "forward-looking statements" which are based largely on the company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the company's control. Forward-looking statements include, but are not limited to, the information concerning the future prospects for our Industrial Waste Management Services Segment. These forward-looking statements are intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. While the company believes the expectations reflected in this news release are reasonable, it can give no assurance such expectations will prove to be correct. There are a variety of factors which could cause future outcomes to differ materially from those described in this release, including without limitation, future economic conditions, industry conditions or competitive pressures. The company makes no commitment to disclose any revisions to forward-looking statements, or any facts, events or circumstances after the date hereof that bear upon forward-looking statements. Please visit us on the World Wide Web at http://www.perma-fix.com.
SOURCE Perma-Fix Environmental Services, Inc.
Released April 22, 2003