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8-K - FORM 8-K - Mistras Group, Inc. | c12732e8vk.htm |
Exhibit 99.1
Mistras Group, Inc. Names Former Executive for
Duke Energy Corporation Ellen Ruff to Board of Directors
Duke Energy Corporation Ellen Ruff to Board of Directors
Princeton Junction, NJ. February 15, 2011 Ms. Ellen Ruff, former President of Nuclear
Development at Duke Energy Corporation, has been elected to the Mistras Group, Inc. (NYSE:MG) board
of directors, it was announced today by Dr. Sotirios Vahaviolos, Chairman and CEO. Ms. Ruff will
also serve on the audit committee of the Mistras board of directors.
We are delighted that Ms. Ruff will be joining the Mistras board. Her knowledge and experience
with various aspects of the power industry for the past 30 years, along with her demonstrated
leadership roles in business and community activities, will serve Mistras and its shareholders
well, said Dr. Vahaviolos. We look forward to her counsel and insight in the power generation
business, especially in the nuclear side, as we continue to diversify and expand our world markets
for Asset Protection Solutions.
Ms. Ruff served as President of Nuclear Development from December 2008 until her retirement in
December 2010 from Duke Energy, one of the largest electric power companies in the United States
focused on electric power and gas distribution operations, and other energy services in the
Americas. Ms. Ruff previously served as President of Duke Energy Carolinas, an electric utility
providing electricity and other services to customers in North Carolina and South Carolina. Ms.
Ruff joined the Duke Energy organization in 1978 and prior to these last two offices, held various
positions, including, Vice President and General Counsel of Corporate, Gas and Electric Operations,
Senior Vice President and General Counsel for Duke Energy, Senior Vice President of Asset
Management for Duke Power, Senior Vice President of Power Policy and Planning, Group Vice President
of Power Policy and Planning and Group Vice President of Planning and External Affairs.
Ms. Ruff has a Bachelor of Arts degree in Business from Simmons College and a Juris Doctor degree
from the University of North Carolina Chapel Hill.
Ms. Ruff currently serves on the Board of Directors of Aqua America, Inc. and is a member of
its Executive Compensation Committee.
About Mistras Group, Inc.
MISTRAS is a leading one source global provider of technology-enabled asset protection solutions
used to evaluate the structural integrity of critical energy, industrial and public infrastructure.
Mission critical services and solutions are delivered globally and provide customers the ability to
extend the useful life of their assets, improve productivity & profitability, comply with
government safety and environmental regulations and enhance risk management operational decisions.
MISTRAS uniquely combines its industry-leading products and technologies 24/7 on-line monitoring
of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; and its
proprietary world class data warehousing & analysis software- to provide comprehensive and
competitive products, systems and services solutions from a single source provider.
For more information, please visit the companys website at www.mistrasgroup.com or contact their
worldwide headquarters at 609-716-4000.