Pernix Group, Inc. Appoints New Senior Vice President of Construction
January 16 2014 - 9:00AM
Pernix Group, Inc. (OTCQB:PRXG) announced today that Warren Bryant
recently joined Pernix Group, Inc. (the Company) as the Company's
Senior Vice President of Construction.
Mr. Bryant has more than 30 years of experience in government
and commercial program management, construction, engineering, and
project management. He has spent the majority of his career with
URS Corporation and legacy companies Washington Group International
(WGI) and Morrison Knudsen Corp (MK), where he served in a variety
of roles, including Vice President, Government Services. Mr. Bryant
has managed the successful completion of more than $2 billion in
total value of projects in both the U.S. and internationally. He
has broad ranging experience in both the government and private
sectors and has served as program leader for clients such as the US
Department of Energy, US Department of Defense, various federal
intelligence agencies, and General Motors Corporation. His
commitment to excellence has earned him industry recognition and
numerous accolades in connection with his management of
award-winning projects and programs. Mr. Bryant received a
Bachelor's of Science in Civil Engineering from the University of
Tennessee in Knoxville.
In his new position, Mr. Bryant will be responsible for growing
and managing Pernix's construction business, including business
development, client management, implementation of new policies and
procedures and enhancing Pernix's already strong quality and safety
programs. He will also manage long-range/strategic planning, new
project sourcing and evaluation, project pre-qualification and
bidding, and execution of awarded mandates. Additionally, he will
oversee the Company's existing mandates with the US Department of
State in Africa, Central Asia and the Middle East.
"I'm excited to join this world-class company and contribute my
experience and expertise in the global construction industry to
expand and enhance Pernix's activities worldwide," commented Mr.
Bryant. "I believe that there are significant opportunities to
leverage the company's strong relationships, outstanding track
record and extensive resources to identify, pursue and win
attractive mandates. I know that this will be a highly successful
and mutually beneficial relationship for many years to come."
"Global Construction has been the core of our business at Pernix
since our founding almost 18 years ago," added Nidal Zayed,
President and CEO of Pernix Group, Inc. "We continue to make
significant investments in our operations and people in order to
better meet client demand and take advantage of growth
opportunities in this market. Adding Warren Bryant to our team
further evidences our commitment to build the executive-level
expertise and resources necessary to support the recent growth in
our business and to implement new initiatives to grow our company
and create value for our shareholders. Warren's leadership of our
Construction Segment significantly enhances our ability to compete
for, deliver and manage complex construction projects in the U.S.
and overseas. We welcome Warren and look forward to his
contributions to our continuing success."
About Pernix Group, Inc.
Pernix Group, Inc. is a global company with its headquarters in
Lombard, Illinois. The company is engaged in two primary business
segments: construction services as a Design-Build General
Contractor in the Federal and Government market; and building,
managing and investing in Power Generation Projects as an
Independent Power Producer. Pernix has full-scale construction and
management capabilities, with operations in Africa, the Middle
East, and the South Pacific. Pernix Group, Inc. common stock is
traded on the over-the-counter quotation board (OTCQB) under the
symbol PRXG. Additional information is available at
www.pernixgroup.com.
Forward-Looking Statement
Certain of the statements made in this press release are
forward-looking statements within the meaning of the Securities
Litigation Reform Act of 1995. Such statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Potential
risks and other factors that could cause or contribute to actual
results differing materially from such forward-looking statements
are discussed in greater detail in the Company's filings with the
U.S. Securities and Exchange Commission.
CONTACT: Gregg Pollack
Chief Financial Officer & Vice President - Administration
Pernix Group, Inc.
Tel: (630) 620-4787
gpollack@pernixgroup.com
Carol Groeber
Corporate Controller and Principal Accounting Officer
Pernix Group, Inc.
Tel: (630) 620-4787
cgroeber@pernixgroup.com
Casey Stegman
Director of Investor Relations
Stonegate Securities
Tel: (214) 987-4121
casey@stonegateinc.com
Pernix (CE) (USOTC:PRXG)
Historical Stock Chart
From Jul 2024 to Aug 2024
Pernix (CE) (USOTC:PRXG)
Historical Stock Chart
From Aug 2023 to Aug 2024