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Oil And Gas Industry Veteran Andrew Puhala Joins AETI As CFO

HOUSTON, Jan. 22, 2013 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (Nasdaq:AETI), a leading global provider of power delivery solutions for the energy industry, announced today that Andrew Puhala has joined the company as senior vice president and chief financial officer. Puhala brings with him more than 19 years of financial leadership in the oil and gas industry, and has significant international experience.

Puhala was most recently chief financial officer at Artificial Lift Company, a privately-held oilfield services technology company. Prior to his tenure at Artificial Lift, Puhala spent 15 years at Baker Hughes Incorporated, one of the world's largest integrated oilfield services companies, where he held senior financial roles including vice president of finance, corporate development, assistant treasurer, division controller, and region finance vice president with expatriate assignments in Europe and the Middle East.

"Andy brings with him significant finance experience in the energy industry as well as a strong international background," said Charles Dauber, president and chief executive officer of AETI. "As CFO, Andy will help us develop and implement strategies for the next phase of AETI's growth and profitability."

Puhala is a Texas Certified Public Accountant and received a Bachelor's degree in business administration and a Master's degree in professional accounting from The University of Texas at Austin.

"AETI has great products, people and customers," said Puhala. "I'm excited to join the AETI team and look forward to building on AETI's success, and helping deliver value to our shareholders."

About American Electric Technologies, Inc.

American Electric Technologies, Inc. (Nasdaq:AETI) is a leading global provider of power delivery solutions to the energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I Construction services, as well as American Access Technologies zone enclosures, and Omega Metals custom fabrication services. South Coast Electric Systems L.L.C., a subsidiary, services Gulf Coast marine and vessel customers.

Stock quotes in this article: AETI 

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