SOURCE: TRC Companies, Inc.
LOWELL, MA--(Marketwired - Apr 4, 2013) - TRC Companies, Inc. (NYSE: TRR) announced today that John Cowdery has joined as Senior Vice President and Environmental Sector Director. In this role, Cowdery will be responsible for working with environmental Business Leaders to develop and implement a five-year strategy for growth across the Company's markets. He will also serve on TRC's Executive Management Team.
"With more than 25 years of vast industry experience and a track record of creating value, improving operations and guiding the growth of successful environmental services firms, John will be an excellent addition to the senior leadership team," said Chairman and Chief Executive Officer Chris Vincze. "John is a well-respected advisor within this industry and we look forward to his contributions toward the success of our Environmental business."
Prior to joining TRC, Cowdery was President & Founder of Callard & Cowdery, a management consulting firm that advises CEOs, Boards of Directors and investors in the Environmental Consulting, Design and Engineering industry. Since founding the firm in 2010, Cowdery performed numerous assignments throughout the U.S. supporting value creation, sales programs, strategic planning, operational improvements, benchmarking, succession planning, and mergers & acquisitions, including recently serving as the Chief Operating Officer of PMC, Rancho Cordova, California.
"I have known of TRC since entering the environmental industry many years ago," said Cowdery. "The Company has gone through significant change and is well positioned to become the leading service provider to the markets that we serve nationally and internationally. I am very pleased to become part of an extremely talented team of people and look forward to supporting TRC's five-year growth strategy."
Prior to founding his firm in 2010, Cowdery was Senior Vice President, Environment, Planning & Infrastructure for ICF International. From 2000 to 2008, Cowdery served as President and Chief Executive Officer at Jones & Stokes Associates, overseeing strategic planning and operations. Cowdery executed six successful acquisitions and grew the firm from a 200-person company with $25 million in gross revenue to more than 600 employees generating more than $75 million. From 1994 to 2000, he was Vice President, Western Region at ATC Group Services, and from 1987 to 1994 he served as Senior Vice President of the environmental consulting practice at Hygienetics Environmental Services.
Cowdery earned an M.B.A. from Saint Mary's College in Moraga, California; an M.S. Health from Southern Illinois University and a B.S. from Keene State College in Keene, New Hampshire.
About TRC Companies, Inc.
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, 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 and updates from the Company, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter at @TRC_Companies and on LinkedIn.
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, 2012, Quarterly Reports on Form 10-Q, and other factors detailed from time to time in the Company's other filings with the Securities and Exchange Commission.