LOWELL, MA--(Marketwired - Jul 30, 2014) - TRC Companies, Inc. (
"Lauren O'Donnell is a valuable addition to our team as we strengthen our expertise in the oil and gas markets, where there is significant opportunity for profitable near- and long-term growth," said TRC's Chairman and Chief Executive Officer Chris Vincze . "Her knowledge of the U.S. regulatory environment is formidable, and her expertise will complement the wide range of strategic consulting services TRC provides to oil and gas clients."
Prior to joining TRC, O'Donnell was the Director of the Division of Gas-Environment and Engineering at the Federal Energy Regulatory Commission (FERC). She directed the preparation, review, and approval of environmental documents for interstate natural gas pipelines, storage facilities, and liquefied natural gas (LNG) terminals across the U.S., and ensured compliance with the FERC's requirements during construction and operation.
O'Donnell said, "I am excited to join TRC where I will apply my deep understanding of U.S. regulatory processes and breadth of experience at the FERC in providing our clients with solutions to their most challenging problems. I look forward to upholding TRC's solid reputation for helping clients develop and implement oil and gas projects in an environmentally responsible manner."
During a 35 year career at FERC, O'Donnell was involved in and responsible for developing and implementing processes to carry out the Commission's environmental responsibilities. She was a principal developer of FERC's pre-filing process for LNG facilities and interstate natural gas pipelines and continued to promote and improve the process over the course of her 35-year career with the FERC. In managing the FERC's natural gas environmental program, she worked collaboratively with a wide variety of stakeholders including federal, state and local agencies, NGOs, and landowner groups. O'Donnell earned a BA in geology from Ball State University.
About TRC A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy , environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn .
Forward-Looking Statements Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by forward-looking words such as "may," "expects," "plans," "anticipates," "believes," "estimates," or other words of similar import. You should consider statements that contain these words carefully because they discuss TRC's future expectations, contain projections of the Company's future results of operations or of its financial condition, or state other "forward-looking" information. TRC believes that it is important to communicate its future expectations to its investors. However, there may be events in the future that the Company is not able to accurately predict or control and that may cause its actual results to differ materially from the expectations described in its forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and actual results may differ materially from those discussed as a result of various factors, including, but not limited to, the uncertainty of TRC's operational and growth strategies; circumstances which could create large cash outflows, such as contract losses, litigation, uncollectible receivables and income tax assessments; regulatory uncertainty; the availability of funding for government projects; the level of demand for TRC's services; product acceptance; industry-wide competitive factors; the ability to continue to attract and retain highly skilled and qualified personnel; the availability and adequacy of insurance; and general political or economic conditions. Furthermore, market trends are subject to changes, which could adversely affect future results. See the risk factors and additional discussion in TRC's Annual Report on Form 10-K for the fiscal year ended June 30, 2013, Quarterly Reports on Form 10-Q, and other factors detailed from time to time in the Company's other filings with the Securities and Exchange Commission.
Company Contacts: Angela Cincotta (978) 656-3594 acincotta@trcsolutions.com Investor Contact: Sharon Merrill Associates (617) 542-5300 trr@investorrelations.com
