Perma-Fix Environmental Services Inc. Announces Resignation of Charles E. Young as Chairman of the Board
July 14, 2015 at 01:01 pm
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Perma-Fix Environmental Services Inc. announced that resignation of Charles E. Young as a Chairman of the Board that he will not stand for re-election as a member of the Board at the next Annual Meeting of Stockholders scheduled to be held on September 17, 2015. Dr. Young has been a member of the company's Board since July 2003 and is currently a member of the Corporate Governance and Nominating Committee and a member of the Compensation and Stock Option Committee. Dr. Young's decision to retire from the Board was based on personal reasons and was not as a result of any disagreement with the Company or due to any matter relating to the company's operations, policies or practices.
Perma-Fix Environmental Services, Inc. is an environmental and environmental technology know-how company. The Company operates through two segments: Treatment and Services. The Treatment Segment includes nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, processing, and disposal; and research and development (R&D) activities to identify, develop and implement innovative waste processing techniques for problematic waste streams. Its Services segment includes technical services, nuclear services and the Company-owned equipment calibration and maintenance laboratory that services, maintains, calibrates, and sources health physics, industrial hygiene (IH) and customized nuclear, environmental, and occupational safety and health (NEOSH) instrumentation. Its technical services provide professional radiological measurement and site survey of large government and commercial installations using advanced methods, technology, and engineering.