SYKESVILLE, Md. –
GSE Systems, Inc. (“GSE” or “the Company”) (NYSE MKT: GVP), the
world leader in real-time high-fidelity simulation systems and training
solutions to the power and process industries, today announced the
appointment of Sean Fuller as Senior Vice President of Sales. Mr. Fuller
brings to GSE more than 25 years of experience delivering value in the
power industry, primarily nuclear, for General Electric (“GE”) and
affiliated companies.
Mr. Fuller joins GSE from GE Hitachi Nuclear Energy (“GEH”), a global
company serving the nuclear industry. Having joined GEH in 2010, he
served most recently as the Regional Vice President of Sales for Fuel
and Services and prior to that as Vice President Global Services Sales.
From 2005 to 2010, Mr. Fuller led sales and operational activities for
Global Nuclear Fuel Americas (“GNF-A”) as the Chief Operating Officer
after being promoted from the position of Director, Global Fuel Sales.
Previously, he served as Sales Director for GE Energy Services from 2003
to 2005. Prior to 2003, Mr. Fuller started his career with GE Nuclear
Energy in 1989 and consistently rose to increasing levels of
responsibility.
Mr. Fuller earned his B.S., Mechanical-Nuclear Engineering, from
Worcester Polytechnic Institute and completed several GE Leadership
Program training courses, including Leadership Innovation and Growth;
Management Development, and Advanced Commercial Management; and is a Six
Sigma Black Belt.
Kyle J. Loudermilk, Chief Executive Officer and President of GSE, said,
“On behalf of GSE, I am delighted to welcome Sean as our new Senior Vice
President of Sales. He brings extensive experience selling to the power
industry and in particular the nuclear industry globally, and has
terrific executive relationships throughout the nuclear power industry
including the operators and the ecosystems of vendors that serve the
operators. Sean brings to GSE the formal discipline of running a sales
force and executing to results that GE is noted for. His deep track
record of success, sales leadership, formal training and extensive
relationships in the nuclear power industry make him a great addition to
our team. As we continue to execute on our turnaround of GSE, Sean’s
addition will accelerate and enhance our journey.”
Interim Chief Operating Officer, Christopher D. Sorrells, said, “Since
Kyle and I joined the Company last August, our initial turnaround effort
centered on making GSE a focused, self-sustaining business centered on
customer success, while rebuilding our senior leadership depth. Sean
adds tremendous value to these efforts. As we look to accelerating our
growth via new products and services, Sean’s prior experience selling
new offerings within the nuclear power industry will benefit GSE and our
customers. We are excited to support him as he focuses his attention on
selling into our marquee customer base.”
Mr. Fuller commented, “I am very excited to join GSE and build upon its
proven technology in the power and process industries. GSE has a strong
heritage of closing the performance gap for its customers, and the
concentrated efforts by Kyle and Chris have positioned GSE to address
the growing performance needs of the power and process industries driven
by digital transformation. I look forward to working with our talented
team and continuing GSE’s tradition of being the trusted partner for
performance improvement solutions.”
ABOUT GSE SYSTEMS, INC.
GSE Systems, Inc. is a world leader in real-time high-fidelity
simulation, providing a wide range of simulation, training and
engineering solutions to the power and process industries. Its
comprehensive and modular solutions help customers achieve performance
excellence in design, training and operations. GSE’s products and
services are tailored to meet specific client requirements such as
scope, budget and timeline. The Company has over four decades of
experience, more than 1,100 installations, and hundreds of customers in
over 50 countries spanning the globe. GSE Systems is headquartered in
Sykesville (Baltimore), Maryland, with offices in St. Marys, Georgia;
Chennai, India; Nyköping, Sweden; Stockton-on-Tees, UK; and Beijing,
China. Information about GSE Systems is available at www.gses.com.
FORWARD LOOKING STATEMENTS
We make statements in this press release that are considered
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934. These statements reflect our current expectations
concerning future events and results. We use words such as “expect,”
“intend,” “believe,” “may,” “will,” “should,” “could,” “anticipates,”
and similar expressions to identify forward-looking statements, but
their absence does not mean a statement is not forward-looking. These
statements are not guarantees of our future performance and are subject
to risks, uncertainties, and other important factors that could cause
our actual performance or achievements to be materially different from
those we project. For a full discussion of these risks, uncertainties,
and factors, we encourage you to read our documents on file with the
Securities and Exchange Commission, including those set forth in our
periodic reports under the forward-looking statements and risk factors
sections. We do not intend to update or revise any forward-looking
statements, whether as a result of new information, future events, or
otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160322006537/en/
GSE Systems, Inc.
Chris Sorrells, 410-970-7802
Interim
Chief Operating Officer
or
The Equity Group Inc.
Devin
Sullivan, 212-836-9608
Senior Vice President
dsullivan@equityny.com
or
Kalle
Ahl, CFA, 212-836-9614
Senior Associate
kahl@equityny.com