Global Power Announces Terence Cryan Will Continue as Permanent CEO

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Go back to Global Power Announces Terence Cryan Will Continue as Permanent CEO

Global Power (GLPW) Enters Two-Year Agreement with CEO Terence Cryan

July 2, 2015 4:19 PM EDT

Global Power (NASDAQ: GLPW) announced that it has entered into a new employment agreement with Terence Cryan pursuant to which he will continue to serve as the Company's President and Chief Executive Officer, a position he first assumed on an interim basis on March 20 of this year. The new employment agreement is for a term running through June 1, 2017 and contemplates successive one year renewals thereafter.

Speaking on behalf of the board of directors, Chairman Charles Macaluso said, "The entire board appreciated Terence Cryan's willingness to assume the role of... More