CICERO, Ill., Nov. 30, 2015 (GLOBE NEWSWIRE) -- Broadwind Energy, Inc. (NASDAQ:BWEN) today announced the departure of President and Chief Executive Officer Peter C. Duprey, who is leaving to pursue other opportunities. Stephanie K. Kushner, Broadwind’s Executive Vice President and Chief Financial Officer, will assume the role of Interim Chief Executive Officer while the Company’s Board of Directors conducts a search for a permanent replacement. The change is effective immediately.
David P. Reiland, Chairman of the Board stated, “During Pete’s five years at Broadwind, he has demonstrated a keen understanding of the wind energy industry and shown sound strategic acumen. We thank him for his contributions and wish him the best with his future endeavors.”
About Broadwind Energy, Inc. Broadwind Energy (NASDAQ:BWEN) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears and gearing systems for wind, oil and gas and mining applications, to wind towers and industrial weldments, we have solutions for the energy needs of the future. With facilities throughout the central U.S., Broadwind Energy's talented team of over 750 employees is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com
Total oil and natural gas production per day has rolled over and started to decline in Texas, according to data recently released by the Texas Railroad Commission. Total oil production for August 2016 was 84.8 MMbls, a six percent decrease from July production at 90 MMbls and an 18% decrease from August 2015 levels of 103.9 MMbls. Gas followed a[Read More…]
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