23-Mar-2015 Source: Erickson
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, today announced changes to the composition of its board of directors that it believes strengthen its governance and reinforce its commitment to independence.
Gary Scott, a director of the Company since 2012, has been appointed Chairman of the Board, succeeding Quinn Morgan, who remains a member of the Board.
Jeff Roberts, recently retained as the Company’s new Chief Executive Officer, effective April 1, 2015 will also join the Company’s Board of Directors and fill the vacancy created by Mr. Reider’s previously announced, planned departure.
Kenneth Lau has resigned from the board of directors, creating a second vacancy and preserves the Board’s independent status under NASDAQ compliance regulations as the Company proceeds with its recruitment of well-qualified new candidates.
Mr. Scott, Erickson’s incoming Chairman of the Board, commented, “We are pleased to take this opportunity to reconstitute and refresh our board of directors and to reinforce our commitment to independent governance. I am honored to assume the role of Chairman and would like to express, on behalf of the entire board, our confidence that we will chart and navigate an effective strategic course forward during this key stage of growth and diversification for our Company.”
Erickson is a leading global provider of aviation services specializing in oil and gas, government services, legacy aircraft MRO and manufacturing, and commercial services such as firefighting, HVAC, power line, specialty, construction, and timber harvesting. Erickson operates a fleet of 86 rotary-wing (light, medium, and heavy) and fixed-wing aircraft, including 20 heavy-lift S-64 Aircranes. Founded in 1971, Erickson is headquartered in Portland, Oregon, USA, and maintains operations in North America, South America, Europe, the Middle East, Africa, Asia Pacific, and Australia. For more information, please visit www.ericksonaviation.com.