Midwest Energy Emissions Corp. Announces New Chief Executive Officer
WORTHINGTON, Ohio, May 17, 2013 /PRNewswire/ -- Midwest Energy Emissions Corporation (OTCQB: MEEC) announced today changes to its senior executive management as part of MEEC's organizational development plan. Effective June 1, 2013, Alan Kelley, who has served as MEEC's President and Chief Operating Officer, will assume the role of Chief Executive Officer in place of John Norris, who will remain Chairman of the Board of Directors.
John Norris commented, "Succession planning is one of the most important roles for any CEO and Board of Directors. I recently turned 64 and believe that it is right time to transition to a new leader to lead our company forward as I move towards retirement. Accordingly, the Board of Directors and I have asked Alan to accept the position of CEO while I remain the Chairman of the Board. I will remain an Executive consultant and advisor to Alan as we move forward through April 2014 at which time I will be 65 and currently intend to retire as an employee of MEEC. We are blessed to have Alan ready to lead our company. This transition was always contemplated and was discussed with Alan when I first asked him to join me at MEEC."
Alan Kelley stated, "John's leadership has positioned the Company well to carry out its business plan going forward. I'm excited to take on the leadership of MEEC at this important stage in our industry's development."
Alan Kelley has served as President and COO of MEEC since November 2011. Prior positions have included President and CEO of Grand Bahama Power Company and President and CEO of Ameren's deregulated generating company, Ameren Energy Resources.
About Midwest Energy Emissions Corp. (MEEC)
Midwest Energy Emissions Corporation delivers cost effective mercury capture technologies to power plants and other large industrial coal-burning units in the United States and Canada. The Company's proprietary technology allows customers to meet the new, highly restrictive standards the U.S. EPA has set for mercury emissions, in an effective and economical manner with the least disruption to their current equipment and on-going operations. For more information, please refer to the Company's website at www.midwestemissions.com
Safe Harbor Statement
Statements in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied in this release. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, change in environmental regulations, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
Contact: |
Investor Contact: |
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Alan Kelley |
Joe Diaz |
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President and COO |
Managing Partner |
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Midwest Energy Emissions Corp. |
Lytham Partners, LLC |
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614-505-6115 |
602-889-9700 |
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SOURCE Midwest Energy Emissions Corp.
Released May 17, 2013