Guelph, Ontario -- Armtec Infrastructure Inc. (TSX: ARF and ARF.DB) ('Armtec' or the 'Company') announces that Charles Phillips has resigned as both President and Chief Executive Officer and a Director of the Company in order to pursue other interests. The Board of Directors wishes to recognize the many years of dedication and service of Mr. Phillips to Armtec, and wishes him every success in his future endeavors.
Mark Anderson will be assuming the position of President and Chief Executive Officer of the Company effective immediately. Prior to his appointment as President and Chief Executive Officer, Mr. Anderson held the position of Chief Operating Officer of the Company with responsibility for driving operational improvements and advancing business excellence while supporting Armtec's growth strategy.
Mr. Anderson is a highly experienced senior executive who brings a solid track record of delivering performance and value creation in the industry. Prior to joining Armtec in March 2011, Mark worked for Lafarge for 16 years. Since 2009, he served as President of the Lakes and Seaway cement business, with operations in five provinces and eight states and 1,000 employees. Prior to this appointment, he held a number of leadership positions in Lafarge's aggregate & concrete division, including Vice President and General Manager of the Western USA aggregate business, and Vice President and General Manager of the Great Lakes, following various assignments in sales and marketing.
'I look forward to this opportunity to build on Armtec's solid track record of delivering exceptional consumer service and working to improve value for all of our stakeholders' said Mr. Anderson.
'We are pleased that Mark Anderson will serve as President and CEO of Armtec', said Bob Wright, Chair of the Board of Directors of Armtec. 'Mark has a proven record of strong leadership and operational excellence. Under Mark's leadership and strategic focus, we are confident that the Company will create long term value for its stakeholders.'
ABOUT ARMTEC INFRASTRUCTURE INC.
Armtec is a leading manufacturer and marketer of a comprehensive range of infrastructure products and engineered construction solutions for customers in a diverse cross-section of industries that are located in every region of Canada, as well as in selected markets globally. These markets include Canada's national and regional public infrastructure markets and private sector markets in agricultural drainage, commercial building, residential construction and natural resources. Operating through its network of regional offices and production facilities across the country, Armtec's broad range of engineered solutions include products for drainage, bridge applications, soil retention, rehabilitation and water management systems including corrugated high-density polyethylene, corrugated steel and concrete pipe; an array of architectural and structural precast and pre-stressed concrete products from steps, paving stones, slabs and wall panels to highly engineered structural components designed and installed for projects such as bridges, sports venues and parking garages; and a full suite of noise barriers, acoustic enclosure and wall systems along with associated retaining wall and traffic barrier systems.