Global Power (NYSE:GEG)
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Michael L. Greenwood Joins Global Power Equipment Group's Board
of Directors
TULSA, Okla., June 14 /PRNewswire-FirstCall/ -- Global Power Equipment Group
Inc. (NYSE:GEG) today announced the election of Michael L. Greenwood to the
company's board of directors. Mr. Greenwood replaces Edgar Hotard whose term
ended effective as of the Company's Annual Shareholder meeting, which was held
on June 9, 2005.
Mr. Greenwood has more than 20 years experience in the energy industry in
various capacities and is the Founder and Managing Director of Carnegie
Capital, a private financial advisory services firm providing investment
banking assistance to the energy industry.
From July 2002 to August 2004, Mr. Greenwood was vice president of finance and
treasurer for Energy Transfer Partners, L.P., a diversified energy company with
interests in natural gas transportation, processing, marketing and retail
marketing of propane, subsequent to its merger with Heritage Propane Partners,
L.P. where he had served as vice president, chief financial officer and
treasurer. From 1994 to 2002 he was senior vice president, chief financial
officer and treasurer for Alliance Resource Partners, L.P., a diversified
producer and marketer of coal to major utilities. From 1986 to 1994, Mr.
Greenwood was general manager of mergers and acquisitions for MAPCO Inc., a
diversified energy company with interests in coal, pipelines, propane, refining
and retail marketing.
Mr. Greenwood received his B.S. in Business Administration from Oklahoma State
University and an M.B.A. from the University of Tulsa. Mr. Greenwood also
serves as a director of Hiland Partners, LP and Libra Natural Resources Plc.
"I am very pleased that Mike has joined the board of the company," stated Larry
Edwards, Chairman and CEO of Global Power Equipment Group. "Mike's background
in finance and mergers and acquisitions makes him an ideal candidate to assist
us in a number of ways and we know that he will be an invaluable asset to our
Company."
About Global Power Equipment Group
Oklahoma based Global Power Equipment Group Inc. is a leading design,
engineering and manufacturing firm providing a broad array of equipment and
services to the global energy, power infrastructure and process industries. The
Company designs, engineers and manufactures a comprehensive portfolio of
equipment for gas turbine power plants and power-related equipment for
industrial operations, and has over 30 years of power generation industry
experience. The Company's equipment is installed in power plants and in
industrial operations in more than 40 countries on six continents and believes,
in its product lines, it has one of the largest installed bases of equipment
for power generation in the world. In addition, the Company provides its
customers with value-added services including engineering, retrofit,
maintenance, repair and general plant services. Additional information about
Global Power Equipment Group may be found at http://www.globalpower.com/ .
Company Contact:
Bob Zwerneman
Director of Investor Relations
(918) 274-2398
DATASOURCE: Global Power Equipment Group Inc.
CONTACT: Bob Zwerneman, Director of Investor Relations of Global Power
Equipment Group Inc., +1-918-274-2398
Web site: http://www.globalpower.com/