– USA, TX – David A.B. Brown, CEO and Chairman of the Board of Layne Christensen Company (NASDAQ:LAYN) announced today the appointment of Michael J. Caliel as President and Chief Executive Officer, and Member of the Board of Directors, effective January 2, 2015. Mr. Caliel brings more than 30 years of global sales, management and operating experience to Layne. He will succeed Mr. Brown who assumed the role of CEO on an interim basis in June 2014. Mr. Brown will continue to serve as Chairman of the Board.
Mr. Caliel joins Layne after having served as President and CEO (2011-2014) of the Invensys Software and Industrial Automation Division of Invensys plc (LSE:ISYS.L), a leading provider of automation and information technologies, systems, software solutions, services, and consulting to global manufacturing and infrastructure industries. Invensys was acquired in January 2014. Prior to that, Mr. Caliel served as President, CEO and Executive Director (2006–2011) of Integrated Electrical Services, Inc. (Nasdaq:IESC), a national provider of electrical and communications solutions for the commercial, industrial and residential markets.
Mr. Brown commented, “On behalf of the entire Board of Layne, I am thrilled to welcome Mike as our new President and CEO. Mike is a seasoned operating executive, and has a demonstrated ability to strategically manage, grow, and optimize complex global organizations. An innovative thinker and hands-on manager, he has large project management experience, a history of building enduring relationships with clients and partners, and a proficiency to capitalize on growth opportunities in existing and new markets. He also has extensive experience in a variety of industries and end markets relevant to Layne. We are confident that Mike will help guide Layne into the next phase of its growth, and build upon our successes to date.”
Mr. Caliel commented, “I am honored to have been selected to lead Layne. Building on its impressive legacy of providing responsible solutions for water, mineral and energy challenges, Layne continues to evolve in order to meet the considerable number of opportunities that exist in its respective end markets. Along with Layne’s dedicated and talented employees around the world, our focus will be to develop and implement the strategies necessary to address these opportunities, fortify our leading industry positions, and continue to strengthen our operations. In doing so, I am confident that we can deliver value to our stakeholders.”
About Michael J. Caliel
From 1993 – 2006, Mr. Caliel served in positions of increasing responsibility at Invensys Process Systems, a global software, systems, and technology company. He served as President of the company’s Process Automation Group from 2003 – 2006, which employed more than 6,000 professionals around the world.
Mr. Caliel has also held sales and executive positions at Honeywell, Inc. and ABB, Ltd.
He received his Bachelor of Sciences in Industrial Distribution from Clarkson University.
About Layne Christensen Company
Layne is a global water management, construction and drilling company, providing responsible solutions to the world of essential natural resources — water, mineral and energy. We offer innovative, sustainable products and services with an enduring commitment to safety, excellence, and integrity.
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