4 Industry Professionals Leading ENGlobal Corp. (E
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There are many things you need to look at, and possibly even a few you can afford to overlook, when determining an investment option. One of the can’t-miss, must-know components of a company is who is calling the shots and shifting the gears.
Consistently ranked by Engineering News Record magazine as a Top 500 engineering firm, ENGlobal Corp. (NASDAQ: ENG) is a Houston-based specialty engineering services firm that specializes in automation solutions and select EPCM projects for the energy industry and other target global markets.
Operating through two strategic business segments – Automation and Engineering (EPCM), ENGlobal provides its services to the energy and government sectors throughout the United States and internationally. The company also operates a Subsea Controls and Integration (SCI) group that provides advanced process automation design, engineering service and equipment for the effective integration of communication protocols between topsides production facilities and subsea devices.
The company recently released its financial results for the 2014 fiscal year, demonstrating strong growth in the competitive engineering and automation services industries throughout the United States and abroad. In addition to an increase of 21.1% in annual revenue, ENGlobal also reported net income of $6 million, an increase of more than $8 million from the results of the previous year.
Impressive growth of that caliber isn’t by chance; it’s done only by intentional and calculated efforts that build corporate and shareholder value. As the company rounds the corner toward its 30th anniversary, it’s worth taking a look at four key professionals behind the scenes.
Since starting the company in 1985, ENGlobal founder William “Bill” Coskey has navigated the company through various ebbs and flows of the broader energy industry to become an award-winning engineering firm recognized for its outstanding safety leadership and safety performance.
Coskey was named ENGlobal president and chief executive officer in August 2012 and has served as chairman of the board since June 2005. An honors graduate of Texas A&M University, Coskey received a Bachelor of Science in Electrical Engineering, has served on the Texas A&M University Electrical Engineering Department Advisory Council since 1999, and has served as chairman of the council since 2006.
Mike Harrison joined ENGlobal in 2009 as vice president of business development. Harrison has more than 25 years of business development experience within the engineering and construction industries, and as former chairman of the Annual Conference for the Rice University Global Forum for Engineering & Construction, remains on the organization’s board of directors. He was previously vice president of Business Development for Commonwealth Engineering and Construction, LLC, and also formerly worked for Jacobs Engineering in progressively higher levels of business development responsibility in Houston and Baton Rouge. Harrison has a Bachelor of Business Administration from Stephen F. Austin State University and continuing technical education at the University of Oklahoma.
Spearheading ENGlobal’s financial operations is Mark Hess, who has served as ENGlobal’s chief financial officer since September 2012. He previously served as the company’s corporate controller. Hess is a CPA, holds a Bachelor of Business Administration in Accounting from the University of Houston and is an active member of Financial Executives International (FEI).
Bruce Williams was appointed the company’s chief operating officer in September 2013. Williams previously served as senior vice president, Midwest/Southwest Operations of ENGlobal’s Engineering and Construction segment. He joined ENGlobal in 2004 and has more than 35 years of domestic and international experience in engineering and project management. Williams has an undergraduate degree in chemistry from the University of Northern Iowa, with post-graduate studies in environmental management from the University of Houston and MBA studies at Incarnate Word University.
More than 400 industry leaders are on ENGlobal’s payroll, supporting the company’s qualified management team as it leads the company toward a solid financial foundation and proven ability to consistently grow company revenues and value.
For more information, visit www.englobal.com
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