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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:08 EDTAEGNAegion announces resignation of CEO Burgess
Aegion announced that Charles Gordon, a member of the Aegion board, has been unanimously appointed by the board to serve as Interim CEO. Gordonís appointment follows the resignation of J. Joseph Burgess from his position of president, CEO and a member of the board for personal reasons. In connection with this action, Burgess and the company entered into a separation agreement and release. All actions are effective immediately. The company noted that the board will initiate a formal search process to identify a permanent CEO. The board will consider both internal and external candidates. Burgess has entered into a separation agreement and release, the full terms of which will be filed with the U.S. Securities and Exchange Commission.
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