Citation
(2004), "Corrpro names Joseph P. Lahey President and CEO", Anti-Corrosion Methods and Materials, Vol. 51 No. 5. https://doi.org/10.1108/acmm.2004.12851eab.021
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited
Corrpro names Joseph P. Lahey President and CEO
Corrpro names Joseph P. Lahey President and CEO
Corrpro Companies, Inc. (AMEX:CO), a leading provider of corrosion control engineering services, systems and equipment to the infrastructure, environmental and energy markets, has named Joseph P. Lahey President and CEO of the company. Mr Lahey has also been elected to serve on Corrpro's Board of Directors.
Mr Lahey, who joins Corrpro from Pluris Capital Advisors Company, a private investment firm which he co-founded, served from 1996 to 2002 as President and CEO of Dallas-based Furmanite Worldwide, Inc., a specialty technical services firm serving energy and power supply chain markets. Mr Lahey previously held senior executive positions with leading firms that serve other major markets in which Corrpro is active, including 6 years experience as President and CEO of Barnard and Burk Group, Inc., a supplier of fabrication, engineering, construction and maintenance services to the process industry.
According to Jim Johnson, Corrpro's Chairman of the Board, there were several important selection criteria in evaluating candidates, and Mr Lahey's past performance, management style and industry experience matched up well against Corrpro's needs.
Mr Johnson stated, “We were looking for someone with the vision, command and drive to help build Corrpro to its full potential as a leading provider of corrosion control engineering services, systems and equipment. We are extremely impressed by Joe's performance in growing worldwide sales, as well as improving cash flow and profitability during his tenure at Furmanite Worldwide. Also, since we were looking for a leader with broad experience in building companies, we are just as impressed with Joe's strategic thinking and his ability to shape and drive the business plan”.
Equally important in the selection process, according to Mr Johnson, was the candidate's ability to relate well with both employees and customers. Regarding the latter, Mr Johnson cited the CUSTOMER FIRST initiative that Mr Lahey implemented at Furmanite Worldwide as a good example of enhancing customer value. Mr Lahey clearly fully appreciates that a customer-focused strategy for success is ultimately an employee-focused strategy as well.
In conclusion, Jim Johnson stated, “We are extremely pleased to welcome Joe to Corrpro. His credentials and experience are an excellent fit for Corrpro, and we look forward to his strong leadership”.
Mr Lahey succeeds Joseph W. Rog as President and CEO. As earlier announced, Mr Rog will continue to serve on Corrpro's Board of Directors.