LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ:ITRI) announced today that John Holleran, the
company's executive vice president (EVP) and chief operating officer
(COO), will be departing Itron effective the end of 2015. The company is
conducting a search for candidates to fill the position. In the interim,
Holleran will continue as EVP and COO of the company.
"John has provided solid leadership over the last two and a half years.
During his tenure as COO, John was focused on positioning Itron for
future growth and improved profitability. He has done a remarkable job
developing comprehensive business strategies to grow this business and
ensure that it is running as efficiently as possible," said Philip
Mezey, Itron's president and chief executive officer. "The board and I
would like to thank John for all of his contributions. We wish him the
best as he pursues other interests."
"As Itron continues to focus on growth and profitability, we are seeking
an EVP and COO that will bring strong leadership experience and have a
substantial operational background to propel our company to its next
phase of growth," continued Mezey.
Holleran was named executive vice president and chief operating officer
of Itron in January 2013. He joined Itron in January 2007 as senior vice
president and general counsel. He was also Itron's corporate secretary.
In January 2012, his duties shifted to focus primarily on special
projects, board matters and corporate governance.
"Itron is a great company with an exciting future, and I have enjoyed
being a part of Itron's leadership team during some of the most
transformational years this company has seen," said Holleran. "I am
committed to ensuring the momentum we have built around growth and
profitability is sustained and to supporting Philip and the team for
Itron's long-term success."
About Itron
Itron is a world-leading technology and services company dedicated to
the resourceful use of energy and water. We provide comprehensive
solutions that measure, manage and analyze energy and water. Our broad
product portfolio includes electricity, gas, water and thermal energy
measurement devices and control technology; communications systems;
software; as well as managed and consulting services. With thousands of
employees supporting nearly 8,000 customers in more than 100 countries,
Itron applies knowledge and technology to better manage energy and water
resources. Together, we can create a more resourceful world. Join us: www.itron.com.
Itron, Inc.
Sharelynn Moore, 509-891-3524
Vice
President, Corporate Marketing and Public Affairs
or
Barbara
Doyle, 509-891-3443
Vice President, Investor Relations
Source: Itron, Inc.
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