Powell Industries, Inc. Announces Management Changes
December 30, 2015 at 09:15 pm
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Powell Industries, Inc. announced that it has accepted the resignation of Chief Executive Officer Michael A. Lucas and elected current Board Chair and former CEO Thomas W. Powell to succeed him. The Company also promoted Brett A. Cope to Senior Vice President and Chief Operating Officer. Mr. Powell has served as the Company's Chairman of the Board since 1984 and will continue in this role.
He served as the Company's President and Chief Executive Officer from 1984 through 2008 and again from September 2011 until August 20, 2012. Mr. Cope has served as Powell's Vice President of Sales and Marketing since December 2010. During the 20 years prior to joining Powell, Mr. Cope held roles of increasing responsibility at ABB.
His most recent role was that of Group Vice President and Global Account Executive serving ExxonMobil.
Powell Industries, Inc. develops, designs, manufactures and services custom-engineered equipment and systems. The Company distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. Its principal products include integrated power control room substations (PCRs), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. Its products are designed for application voltages ranging from approximately 480 volts to 38,000 volts and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquefied natural gas (LNG) terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper and other industrial markets.
POWELL INDUSTRIES, INC. 
