This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ENGlobal Appoints Edward L. Pagano As New Chief Executive Officer; Current CEO Coskey To Remain Chairman Of The Board

ENGlobal Corporation (NASDAQ:ENG), a leading provider of engineering and related project services, announced today that its Board of Directors has selected Mr. Edward L. Pagano to serve as the Company’s new Chief Executive Officer effective May 3, 2010. William A. Coskey, P.E., co-founder and current CEO of ENGlobal, will continue to serve as the Chairman of the Board. As previously reported, ENGlobal’s Board initiated an external CEO search process in December 2009.

Mr. Pagano, 51, served in various positions at WorleyParsons Group Inc. and a predecessor, Parsons E&C Corporation, including as President-Americas from October 2004 to August 2008. Mr. Pagano joined WorleyParsons in 1998 and held the positions of Chief Financial Officer and Chief Operating Officer before being appointed President-Americas.

Prior to joining WorleyParsons, Mr. Pagano held various senior financial positions with The Shaw Group, Aker Kvaerner, URS, and Lurgi Corporation. Most recently, he served as President-Americas at GL Industrial Service, a technical assurance and consulting firm to the energy industry. Mr. Pagano received a B.S. in Accounting from Ramapo College and a M.B.A. in Accounting from Seton Hall University and brings over 30 years experience in growing successful engineering and consulting businesses.

David W. Gent, P.E., ENGlobal’s Lead Independent Director, said, “In making its decision, the Board considered Mr. Pagano’s substantial experience in building client relationships, setting and developing strategy, and executing corporate vision. Throughout his career, Mr. Pagano has accumulated a unique combination of financial, operational, international, and marketing skills at large E&C organizations. We believe Mr. Pagano has the skills and vision to successfully lead ENGlobal going forward.”

Mr. Coskey added, “We are pleased to welcome Edd to ENGlobal. As previously reported, our Board, myself included, initiated our CEO search given changes in our industry and expected changes to the Company’s future growth strategy. Edd has an extensive, proven track record in industries we currently serve as well as industries we expect to serve in the future. Speaking on behalf of our senior management team, we look forward to his leadership.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ENG $1.35 3.85%
AAPL $95.03 -2.90%
GOOG $691.20 -2.10%
FB $117.52 7.90%
TSLA $247.54 -1.60%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs