Home Financial responsibility Jose Bustamante, Retired Fluor Corporation Executive, Appointed

Jose Bustamante, Retired Fluor Corporation Executive, Appointed


TULSA, Oklahoma, May 16, 2022 (GLOBE NEWSWIRE) — Matrix Services Company (Nasdaq: MTRX) today announced the addition of Jose Luis Martin de Bustamante to the Company’s Board of Directors.

“We are delighted to welcome Jose to the Board of Directors of Matrix Service Company. His extensive leadership experience at Fluor Corporation, along with his proven expertise in business development, contracting and managing large projects across a wide range of end markets, will be invaluable as Matrix responds to growing opportunities,” said Chairman of the Board Jim Mogg.

“Jose brings extensive international experience and has held long term assignments in Latin America, Spain, UK, USA and UAE with increasing operations and sales responsibilities. is well aligned with Matrix Service Company’s end markets and areas where we see significant opportunity.We look forward to his contributions.

Prior to retiring from Fluor Corporation in 2020, Bustamante served as Executive Vice President and Chief Commercial Officer, responsible for sales, marketing and strategic planning, as well as communications, community and government relations. During his 30-year career with Fluor, he has also held various leadership positions within the organization, including Senior Vice President of Business Development, Marketing and Strategic Planning – Energy and Chemicals, Senior Vice President and General Manager (MENA Region) and Senior Vice President of Sales – Business Line Chemicals.

He is the former president of ICA Fluor, Mexico’s largest industrial contractor, and COOEC-Fluor Heavy Industries Co., Ltd, a global manufacturing joint venture in China’s Guangdong province. He has also served as a board member of numerous international joint ventures including Fluor Arabia Ltd. and Fluor Kuwait.

Bustamante is currently president of ESAsolar USA Inc., the American subsidiary of a Madrid-based renewable energy company with leading technology in solar trackers.

The addition of Bustamante to Matrix’s Board of Directors increases its membership from seven to eight members from diverse geographic, industry, technical and business backgrounds and supports the company’s focus on inclusion and diversity ; 37.5% of Matrix Board members are gender or ethnically diverse.

About Matrix Service Company

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is one of North America’s leading industrial engineering, construction and maintenance contractors. South Korea.

The Company reports financial results in three key operating segments: Utilities and Power Infrastructure, Industrial Process and Facilities, and Storage and Terminal Solutions.

By focusing on sustainability, creating strong environmental, social and governance (ESG) practices and living our core values, Matrix is ​​ranked among the top contractors by Engineering-News Record, has been recognized for the diversification of its Board of Directors, is an active CEO Action for Diversity and Inclusion signatory, and is recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit www.matrixservicecompany.com and read our first sustainability report.

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This release contains forward-looking statements that are made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are generally accompanied by words such as “anticipate”, “continue”, “expect “, ” provide “. “, “outlook”, “believe”, “estimate”, “should” and “will” and words of similar effect which convey future meaning, relating to the operations of the Company, economic performance and the best judgment of the direction as to what might happen in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. Actual results for current and future periods and other business developments will depend on a number of economic, competitive and other influences, including the factors discussed in the “Risk Factors” and “Forward-Looking Statements” sections. and elsewhere in reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the Company’s control, and any one of them, or any combination thereof, could have a material and adverse effect on the Company’s results of operations and financial condition. . We assume no obligation to update the information contained in this press release.

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