Charleston, W.Va.; June 14, 2019– Mid-Atlantic Technology, Research & Innovation Center, Inc. (MATRIC) today announced that its Board of Directors has elected Steven B. Hedrick as Chairman of the Board, effective as of June 1, 2019. This is the first time in the company’s history that the Board has consolidated the role of Chief Executive Officer (CEO) of the Company with the role of Chairman.
“I am grateful to the Board of Directors for their trust and confidence,” said Hedrick. “As a Board, we look forward to leading the MATRIC team as it continues to safely deliver value for its customers around the world.”
The Board elected Bob Welty as Vice Chairman. Continuing as officers are Stephen Kawash, Treasurer and John T. Miesner, Secretary.
James F. “Jim” Underhill was elected by the Board as a new Director. Underhill is a Certified Public Accountant and a retired, experienced executive in the global energy and distribution industries including positions as CFO/COO at MRC Global(McJunkin Red Man Corporation)and in management and financial consulting. He also serves as a Director of Foundation Building Materials, Inc. (NYSE: FBM).
Additionally, the Board formalized the creation of a Board Executive Committee comprising the four officers of the Company. Mr. Hedrick, as chairman, now formally reports to the Board Executive Committee.
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