Argan appoints David Watson to its Board of Directors as CEO alongside Bill Leimkuhler as Board Chairman

– USA, MD –  Argan, Inc. (NYSE: AGX) today announced the appointment of David Watson to its Board of Directors as President and CEO, succeeding Rainer Bosselmann, Founder, Chairman, and CEO who retired effective August 16, 2022.

Additionally, current Board member Bill Leimkuhler has been appointed Chairman of the Board of Directors.

“I want to thank Rainer and the Board for their confidence in me as I step into this role,” said Mr. Watson. “These are big shoes to fill and I pledge to work tirelessly with all of our employees to build on past successes and to lead the Company into its future.”

About Argan, Inc.

Argan’s primary business is providing a full range of services to the power industry, including the renewable energy sector. Argan’s service offerings focus on the engineering, procurement, and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, operations management, maintenance, project development, and consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns The Roberts Company, a fully integrated fabrication, construction, and industrial plant services company, and SMC Infrastructure Solutions, which provides telecommunications infrastructure services.

For more information: https://arganinc.com/

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