HENDERSON, Colo., May 02, 2022 (GLOBE NEWSWIRE) —
MYR Group Inc.
(“MYR Group” or the “Company”) (NASDAQ:
MYRG), announced today the appointment of
Ajoy H. Karna to the Company’s Board of
Directors (the “Board”), effective May 2, 2022.
Mr. Karna will serve as a Class III director
and on the Board’s Audit Committee.
“We are excited to announce Ajoy’s appointment as a new member
of our Board of Directors,” said MYR Group’s Chair of the
Board, Kenneth M. Hartwick. “Ajoy brings
diverse expertise and strong leadership skills. His financial
and strategic experience with global organizations will offer
a unique perspective to our Board. We welcome Ajoy in his new
role and look forward to his contributions.”
Mr. Karna has more than 33 years of
experience in finance and management. He currently serves as
Senior Vice President, Strategy and Chief Financial Officer
– International for Sysco Corporation (Sysco),
previously serving as Senior Vice President & CEO,
Foodservice of Sysco’s
Europe
operations. Prior to Sysco, Mr. Karna held
numerous roles in finance and strategy at PepsiCo, Inc. and
the
Quaker Oats Company.
He is a graduate of
Georgetown University
with a bachelor’s degree in Business Administration, and holds
a Master of Business Administration degree from
Northwestern University.
About
MYR Group Inc.
MYR Group is
a holding company of leading, specialty electrical contractors
providing services throughout
the United States
and
Canada
through two business segments: Transmission & Distribution
(T&D) and Commercial & Industrial (C&I).
MYR Group
subsidiaries have the experience and expertise to complete
electrical installations of any type and size. Their
comprehensive T&D services on electric transmission,
distribution networks, substation facilities and clean energy
projects include design, engineering, procurement,
construction, upgrade, maintenance and repair services.
T&D customers include investor-owned utilities,
cooperatives, private developers, government-funded utilities,
independent power producers, independent transmission
companies, industrial facility owners and other contractors.
Through their C&I segment, they provide a broad range of
services which include the design, installation, maintenance
and repair of commercial and industrial wiring generally for
airports, hospitals, data centers, hotels, stadiums,
convention centers, clean energy projects, manufacturing
plants, processing facilities, water/waste-water treatment
facilities, mining facilities, intelligent transportation
systems and roadway lighting. C&I customers include
general contractors, commercial and industrial facility
owners, government agencies and developers. For more
information, visit
myrgroup.com.
Contacts
Betty R. Johnson, Chief Financial Officer,
MYR Group Inc.,
(847) 290-1891,
investorinfo@myrgroup.com
David Gutierrez,
Dresner Corporate Services, (312) 780-7204,
dgutierrez@dresnerco.com
Source: MYR Group, Inc.
