MOUNT AIRY, N.C., Nov. 27 /PRNewswire-FirstCall/ -- Pike Electric
Corporation (NYSE: PEC), one of the nation's largest providers of outsourced
electric distribution and transmission services, followed other recent
organizational changes by announcing today managerial moves to upgrade its
information systems and strategic planning capabilities.
Pike Electric today announced the appointment of Mark Thomson as its Chief
Information Officer. Mr. Thomson has served as Chief Information Officer for
a number of major companies, including the Indian Motorcycle Corporation,
Integris Metals and DJJ Corp. He most recently served as a consultant for
the HETT Group, in the areas of information and supply chain management. He
is a graduate of Miami University with additional course work at Purdue
University, Xavier University and Harvard University.
J. Eric Pike, Chairman and CEO of Pike Electric stated "We are pleased to
have a person with Mark's credentials and proven record of performance to lead
the company's efforts in supplementing and broadening its information platform
and capabilities. Mark's extensive knowledge of information systems and his
broad experience in overall strategic planning will further enhance the
company's leadership team."
About Pike Electric
Pike Electric is one of the largest providers of outsourced electric
distribution and transmission services in the United States. Its core
activities consist of the maintenance, upgrade and extension of electric
distribution and sub-500 kilovolt transmission powerlines for more than 150
electric utilities, cooperatives and municipalities. Pike Electric services a
contiguous 19 state region that stretches from Pennsylvania in the north to
Florida in the southeast and Texas in the southwest and is a recognized leader
in storm restoration services. The Company's common stock is traded on the
New York Stock Exchange under the symbol PEC. For further information
regarding Pike Electric, visit the Company's website at http://www.pike.com.
This press release contains forward-looking statements that relate to Pike
Electric's plans, objectives and estimates. The terms "should", "believe",
"plan", "expect", "anticipate", "estimate", "intend" and "project" and similar
words or expressions are intended to identify forward-looking statements. To
the extent permitted by applicable law, Pike Electric makes no commitment to
update any forward-looking statement or to disclose any facts, events, or
circumstances after the date of this release that may affect the accuracy of
any forward-looking statement.
SOURCE Pike Electric Corporation
CONTACT: Jim Fox, General Counsel for Pike Electric Corporation,