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Aegion Corporation Announces Appointment of Walter J. Galvin to Board of Directors [Global Data Point](Global Data Point Via Acquire Media NewsEdge) The addition of Mr. Galvin increases the size of Aegion's Board of Directors from seven to eight. Mr. Galvin also will serve on the Board's Audit Committee and Corporate Governance %7E Nominating Committee. Mr. Galvin, 67, is currently a consultant to Emerson Electric Co. ("Emerson") and served as Emerson's Vice Chairman from October 2009 to February 2013. Mr. Galvin served as Emerson's Chief Financial Officer from 1993 to February 2010 and served as a management member of Emerson's board of directors from 2000 until February 2013. Mr. Galvin joined Emerson in 1973 and served as the controller at the Ridge Tool subsidiary. In 1978, he was promoted to assistant vice president of investor relations at Emerson. In 1980, he became vice president of finance at Emerson's U.S. Electrical Motors division and was later named its executive vice president of finance and administration. Mr. Galvin returned to Emerson's corporate headquarters in 1984 as vice president of financial analysis and systems, and was later promoted to chief accounting officer and controller. In 1993, Mr. Galvin was named CFO and became an executive vice president of the company in 2000. He was promoted to senior executive vice president in 2004 and vice chairman in 2009. In addition to serving on the Board of Directors of Aegion, Mr. Galvin serves on the board of directors of Ameren Corporation and F. M. Global Insurance Company. He is also a member of the board of directors of the U.S. Chamber of Commerce in Washington D.C. Aegion's Chairman of the Board of Directors, Alfred L. Woods, commented, "Walter will be a valuable addition to our Board. His 40+ years of management and leadership experience, including 20+ years in executive management, and substantial experience serving on the boards of well-respected public companies, will result in meaningful contributions to our Board's strategic deliberations. He will be a great asset to our talented and diverse Board." "Company looks forward to benefitting from the insight that Walter can provide in helping us achieve our long-term strategic objectives," said Charles R. Gordon, Aegion's President and Chief Executive Officer. "Walter's leadership at Emerson Electric Co., a multi-billion dollar company with a track record of execution excellence and substantial international operations, will add a new dimension to our already actively engaged Board. Company is also excited to leverage Walter's significant accounting and financial expertise." (c) 2014 GlobalData Provided by SyndiGate Media Inc. (Syndigate.info). |