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Stock impact report

Powell Industries Announces Retirement Of Chairman Emeritus Thomas W. Powell

Powell Industries, Inc. (POWL) 
US:NASDAQ Investor Relations: investor.shareholder.com/powell
Company Research Source: PR Newswire
HOUSTON, March 5, 2021 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control, and distribution of electrical energy, today announced that Chairman Emeritus Thomas W. Powell has elected to retire from the Company's Board of Directors at the conclusion of his current term which ends at the February 16, 2022 Meeting of Stockholders.  Mr. Powell's decision comes after more than 50 years of service having started with the Company in 1964. Prior to his Chairman Emeritus role, Mr. Powell served as the Company's Chairman of the Board from 1984 through September 2019.  Mr. Powell also served three terms as the Company's President and Chief Executive Officer from 1984 through September 2008, from September 2011 through August 2012 and again from December 2015 through September 2016."It has been an honor to lead and be part of the Powell Industries family over the last several decades.  I am extremely proud of this C Show less Read more
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