Orbital Energy Group, Inc. (NASDAQ: OEG) (“OEG”) today announced that Nick Grindstaff has been appointed Chief Financial Officer, effective November 16, 2021. Mr. Grindstaff will replace Daniel Ford, who will remain with the company for a period of time to ensure a smooth transition.
“Orbital Energy Group continues to increase in scope, size, and complexity, making it strategically important for its executive team to reside in one location, which is our headquarters in Houston,” said Jim O’Neil, Vice Chairman and Chief Executive Officer of Orbital Energy Group. “Dan has done a tremendous job for me as CFO and built a great team. We respect his decision to remain in Portland where he has a strong foundation of friends and family, and I wish him much success in his future endeavors,”
“I have had the pleasure of working with Nick in the past. His knowledge, expertise, and relationships with key stakeholders in the infrastructure markets we serve are unparalleled,” concluded Mr. O’Neil, “We are very fortunate to have Nick as a member of our leadership team as we profitably grow OEG for years to come.”
Mr. Grindstaff has more than 20 years of experience in the infrastructure services industry. Most recently, he served as Vice President – Finance and Treasurer at Quanta Services, a leading international provider of specialty contracting services. Mr. Grindstaff holds a Master of Science degree in Accounting and a Bachelor of Science in Finance from the University of Houston – Clear Lake.
“I am excited to join the Orbital Energy team and to work with Jim again. The company has made great strides in their transformation of becoming a full-service infrastructure platform and I look forward to contributing toward execution of their strategic objectives,” said Mr. Grindstaff.