Argan, Inc. Announces the Passing of Board Member W.G. Champion Mitchell
October 10 2024 - 3:15PM
Business Wire
Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is
saddened to announce that board member W.G. Champion Mitchell
passed away on October 8, 2024.
Mr. Mitchell joined Argan’s Board of Directors in October 2003
and served on the Executive Committee and the Nominating/Corporate
Governance Committee. In addition to his board position with Argan,
he served on the boards of two privately held companies, Direct
Brands, Inc. and The 41st Parameter, Inc. He was also a current
member of the board of governors for RTI International and a former
member of the board of governors for the University of North
Carolina system that controls all state-owned universities and
operates the largest hospital system in the state.
William F. Leimkuhler, Chairman of the Board of Directors for
Argan, Inc. commented, “All members of the Board are deeply
saddened by the loss of our friend and colleague, Champ Mitchell,
and we extend our sincere condolences to the Mitchell family. Champ
Mitchell’s distinguished career as a corporate executive and former
chief executive made him a valued contributor to our Board.
Throughout his many years of service, Argan benefitted greatly from
his substantial experience and insight into management, operational
and financial matters, as well as from his acumen in discerning
market conditions and trends. He was a big presence on our Board,
and he brought unwavering engagement and commitment to the Company.
He will be greatly missed.”
David Watson, President and Chief Executive Officer of Argan,
said, “Champ was a valuable source of advice and knowledge and
contributed immensely to the growth and success of our Company.
Personally, I’m grateful to have experienced his leadership, public
company expertise and commitment to Argan. He was not reluctant to
ask management the tough question. Anticipation of those questions
resulted in sharper and more complete presentations by management
to the Board. At the same time, he was often the first member to
recognize and congratulate good work. Finally, and perhaps most
importantly, I will miss his friendship and timely sense of humor.
On behalf of the entire Argan management team and employees we
extend our deepest sympathies to Champ’s family, his many friends
and his numerous business associates at this sad time.”
About Argan
Argan’s primary business is providing a full range of
construction and related services to the power industry. 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, maintenance, project
development and technical consulting services, through its Gemma
Power Systems and Atlantic Projects Company operations. Argan also
owns The Roberts Company, which is a fully integrated fabrication,
construction and industrial plant services company, and SMC
Infrastructure Solutions, which provides telecommunications
infrastructure services.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241010113502/en/
Company: David Watson 301.315.0027
Investor Relations: John Nesbett/Jennifer Belodeau IMS
Investor Relations 203.972.9200 argan@imsinvestorrelations.com
Argan (NYSE:AGX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Argan (NYSE:AGX)
Historical Stock Chart
From Nov 2023 to Nov 2024