SOURCE: TRC Companies, Inc.

TRC Companies, Inc.

June 08, 2016 16:02 ET

B. Keith Trent Appointed to TRC's Board of Directors

LOWELL, MA--(Marketwired - Jun 8, 2016) - TRC Companies, Inc. (NYSE: TRR) announced today that B. Keith Trent, 56, has been appointed to its Board effective July 1, 2016. Mr. Trent had a distinguished career with Duke Energy, most recently serving as Executive Vice President Grid Solutions and President Midwest and Florida Regions.

"We are fortunate to have Keith join our board," said Chris Vincze, TRC's Chairman and Chief Executive Officer. "Utilities represent TRC's largest client distribution, and Keith's experience as a senior leader of the world's largest utility will provide us with invaluable insight into that critical market."

Following a 15-year career as an attorney, Mr. Trent joined Duke in 2002. During the course of his career, he was responsible for, among other things, acquiring and integrating businesses, implementing capital projects, expanding renewables, developing Duke's strategic plan for the grid of the future and delivering superior shareholder returns. Mr. Trent has a Bachelor of Science degree in Electrical Engineering from Southern Methodist University and a law degree from the University of Texas.

About TRC
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, environmental consulting and construction management firm that provides integrated services to the energy, environmental, infrastructure and pipeline services markets. TRC serves a broad range of commercial, industrial and government clients, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn.

Forward-Looking Statements
Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by forward-looking words such as "may," "expects," "plans," "anticipates," "believes," "estimates," or other words of similar import. You should consider statements that contain these words carefully because they discuss TRC's future expectations, contain projections of the Company's future results of operations or of its financial condition, or state other "forward-looking" information. TRC believes that it is important to communicate its future expectations to its investors. However, there may be events in the future that the Company is not able to accurately predict or control and that may cause its actual results to differ materially from the expectations described in its forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and actual results may differ materially from those discussed as a result of various factors, including, but not limited to, the uncertainty of TRC's operational and growth strategies; circumstances which could create large cash outflows, such as contract losses, litigation, uncollectible receivables and income tax assessments; regulatory uncertainty; the availability of funding for government projects; the level of demand for TRC's services; product acceptance; industry-wide competitive factors; the ability to continue to attract and retain highly skilled and qualified personnel; the availability and adequacy of insurance; and general political or economic conditions. Furthermore, market trends are subject to changes, which could adversely affect future results. See the risk factors and additional discussion in TRC's Annual Report on Form 10-K for the fiscal year ended June 30, 2015, and other factors included from time to time in the Company's other subsequent filings with the Securities and Exchange Commission.

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