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Comfort Systems USA Names Brian E. Lane As New Chief Executive Officer

Stocks in this article: FIX

Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning (“HVAC”) services, today announced that its board of directors has elected Brian E. Lane as the Company’s new Chief Executive Officer and that William F. Murdy, the Company’s previous Chief Executive Officer, will continue to serve as the non-executive Chairman of the Company’s board of directors.

Mr. Lane, age 54, joined the Company in 2003 and has served as the Company’s President and Chief Operating Officer since March 2010 and as a director since November 2010. Prior to joining the Company, Mr. Lane spent 15 years at Halliburton, a global provider of products and services to energy, industrial, and government customers, including employment by Brown and Root, an engineering and construction company. During his tenure, he held various positions in business development, strategy, and project activities, including the position of Regional Director of Europe and Africa. Additionally, he held the position of Vice President at Kvaerner, an international engineering and construction company. Mr. Lane earned a Bachelor of Science in Chemistry from the University of Notre Dame and his MBA from Boston College.

Franklin Myers, the Company’s lead independent director, said, “Bill Murdy has done an outstanding job since becoming CEO and Chairman of the Company in June of 2000. He directed the Company through several business cycles, and under his leadership shareholders have seen significant returns. Bill did a great job preparing Brian Lane to take the helm, and he has worked tirelessly with the board to provide for a smooth transition.”

Mr. Murdy added, “Brian’s succession has gone very well. The Company is in good hands and will achieve new heights under his leadership.”

Finally, Mr. Lane said, “I am excited for the future of the Company and for this opportunity to lead the Company. I am grateful for Bill’s support during this planned succession, and I look forward to working with him in our new roles. Comfort is a great company because of the excellence of its operations and the quality of its thousands of employees. I am proud to be at the head of such a great organization.”

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