ROLLING MEADOWS, Ill., May 6, 2013 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR") (Nasdaq:MYRG), a leading specialty contractor serving the electrical infrastructure market in the United States, announced today that MYR Group Chief Operating Officer (COO), Richard S. Swartz, Jr., has been promoted to the position of President of MYR subsidiary companies Sturgeon Electric Company Inc., The L.E. Myers Co., Harlan Electric Company and Hawkeye Construction, Inc. Mr. Swartz will continue to hold the position of Senior Vice President and COO of MYR.
"The changes are designed to strengthen and develop our management team for continued growth in our T&D and C&I businesses," stated Bill Koertner, President and Chief Executive Officer of MYR. "Developing employees in all phases of our business from first step apprentice to an executive officer remains one of our highest priorities."
"Rick's career follows this very path, starting out as an apprentice electrician for Sturgeon in 1982, working his way through the management ranks and now filling the role of Sturgeon's President." Koertner continued, "Rick's professional development exemplifies what can be achieved, and provides a solid role model for our current and future managers."About MYR Group Inc. MYR is a leading specialty contractor serving the electrical infrastructure market in the United States. MYR is one of the largest national contractors servicing the transmission and distribution sector of the United States electric utility industry. MYR's transmission and distribution customers include electric utilities, private developers, cooperatives and municipalities. MYR provides a broad range of services on electric transmission and distribution networks and substation facilities which include design, engineering, procurement, construction, upgrade, maintenance and repair services with a particular focus on construction, maintenance and repair, throughout the continental United States. MYR also provides commercial and industrial electrical contracting services to property owners and general contractors in the western United States.
CONTACT: MYR Group Inc. Contact: Paul J. Evans, Chief Financial Officer, 847-290-1891, email@example.com Investor Contact: Philip Kranz, Dresner Corporate Services, 312-780-7240, firstname.lastname@example.org
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV