Global Power Announces Departure of General Counsel Candice Cheeseman
TULSA, Okla., Feb. 22 /PRNewswire-FirstCall/ -- Global Power Equipment Group Inc. (Pink Sheets: GLPW) ("Global Power" or the "Company") today announced that Candice Cheeseman, who had served as the Company's general counsel and secretary since May 2004 and as its vice president of administration since July 2008, has resigned, effective February 19, 2010, in order to assume the position of general counsel at SemGroup Corporation, a Tulsa headquartered midstream service company serving the energy industry.
In announcing Ms. Cheeseman's departure, David Keller, who joined Global Power as its President and CEO in September 2009, commented, "SemGroup is a much larger company than Global Power and assuming the general counsel position represents a great opportunity for Candice. We wish her well and we thank her both for her service as general counsel and in related capacities during her time with the Company and for her cooperation in establishing interim arrangements to ensure that the Company's legal and administrative needs continue to be served following her departure. We are using this opportunity to review the manner in which the Company's legal and administrative functions are directed and we are taking a number of interim steps with the goal of continuing and ultimately improving the efficient delivery of legal and administrative services to the Company and its subsidiaries. In the short term, Ryan Sacra of Conner & Winters, LP, will serve as the Company's outside Acting General Counsel, and responsibilities for the other various functions Candice performed have been reassigned to other members of the management team who will continue to have the able assistance of the Company's outside professional advisors."
About Global Power
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 power infrastructure, energy and process industries. Through its Global Power Services Division, the Company is a leading provider of on-site specialty support and outage management services for commercial nuclear reactors in the United States and provides maintenance services to fossil and hydroelectric power plants and other industrial operations. Through its Global Power Products Division, the Company designs, engineers and manufactures a comprehensive portfolio of equipment for gas turbine power plants and power-related equipment for industrial operations, with over 40 years of power generation industry experience. With a strong competitive position in its product lines, the Company benefits from a large installed base of equipment in domestic and international markets. Additional information about Global Power Equipment Group may be found at www.globalpower.com.
Company Contact: Elayna Conner Paralegal Global Power Equipment Group Inc. 918.488.0828
SOURCE Global Power Equipment Group Inc.
Released February 22, 2010