Fort Worth-based AZZ Inc. (NYSE: AZZ), a global provider of metal coatings solutions, welding solutions, specialty electrical equipment and highly engineered services, announced Oct. 7 that the board of directors has renewed and extended the employment agreement of Tom E. Ferguson to continue to serve as president and CEO of AZZ and a member of the board.
Ferguson's renewed and extended employment agreement with AZZ will extend through Oct. 3, 2022.
"We are excited to extend Mr. Ferguson's employment agreement as his continued leadership will be essential to the successful execution of several company initiatives that are focused on strengthening shareholder value and the continued growth and refinement of AZZ's products and service offerings," Board Chairman Dan Feehan said in a news release.
The news release said that Ferguson, 63, has been instrumental in building a corporate culture that strives to create superior value for shareholders, exceed customer expectations and develop employees.
– FWBP staff