Integrated Electrical Systems (IESC) Swings to Q4 Profit

Go back to Integrated Electrical Systems (IESC) Swings to Q4 Profit

Layne Christensen (LAYN) Appoints New CEO

December 10, 2014 7:24 AM EST

Layne Christensen (Nasdaq: LAYN) announced the appointment of Michael J. Caliel as President and Chief Executive Officer, and Member of the Board of Directors, effective January 2, 2015. Mr. Caliel brings more than 30 years of global sales, management and operating experience to Layne. He will succeed Mr. Brown who assumed the role of CEO on an interim basis in June 2014. Mr. Brown will continue to serve as Chairman of the Board.

Mr. Caliel joins Layne after having served as President and CEO (2011-2014) of the Invensys Software and Industrial Automation Division of Invensys... More