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
TheStreet Open House

Integrated Electrical Services Announces New Board Members

HOUSTON, Feb. 28, 2012 /PRNewswire/ -- Integrated Electrical Services, Inc. (NASDAQ: IESC) ("IES") today announced the election of Joseph L. Dowling III, age 47, and the appointment of David B. Gendell, age 51, to its Board of Directors.

James M. Lindstrom, Chairman and CEO of IES, stated, "Joe and Dave are strong additions to our board of directors, given their proven investment and corporate governance experience.  As we continue to strengthen and transform our company, we look forward to their guidance and contributions."

Mr. Dowling is the founder and managing member of Narragansett Asset Management, LLC, a private investment partnership located in Stamford, Connecticut.  From its formation in 1998 through 2006, Narragansett managed funds for institutions, pension funds and college endowments.  Since 2006, Narragansett has focused on managing Mr. Dowling's personal capital and that of a select group of strategic investors.  Prior to forming Narragansett, Mr. Dowling worked at The First Boston Corporation, Tudor Investments and Oracle Partners, L.P.  Mr. Dowling is a member of the Advisory Board of Ferrer Freeman & Company, LLC, a private equity firm providing growth capital to healthcare companies. 

Mr. Gendell has over 25 years of operations and consulting experience in a variety of service industries, including healthcare, technology and banking.  Mr. Gendell is currently a partner at Tontine Associates, LLC, the Company's majority stockholder, where he focuses on investment opportunities in industrial, manufacturing and basic materials companies.  From 2006 to 2010, he served on the Board of Directors of Neenah Enterprises, one of the largest independent, publicly-traded foundries in the United States.  Mr. Gendell has also held senior positions at several venture-backed startups.  He was President and Chief Operating Officer of Homserv, LLC, a privately-held data aggregator focused on real estate transactions.  Prior to that, he served as President and Chief Operating Officer of Cogent Design Inc., a privately-held practice management software system.  He also is currently on the Board of Advisors of the Duke Global Health Institute.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,212.44 +55.59 0.32%
S&P 500 2,006.06 +4.49 0.22%
NASDAQ 4,575.8430 +13.6540 0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs