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Perma-Pipe International Holdings Announces CEO Retirement

Story Highlights
  • David Mansfield announced his retirement as CEO of Perma-Pipe by November 8, 2025.
  • Saleh Sagr appointed as President, expected to drive growth and maintain company trajectory.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perma-Pipe International Holdings Announces CEO Retirement

An announcement from Perma-Pipe International Holdings ( (PPIH) ) is now available.

On March 31, 2025, David Mansfield announced his retirement as CEO of Perma-Pipe International Holdings, effective by November 8, 2025, with Saleh Sagr appointed as President to ensure a smooth transition. Mansfield’s tenure saw significant growth and strategic international expansion, positioning the company for continued success. Sagr, previously Senior Vice President of the MENA region, brings extensive experience and leadership, expected to drive further growth and maintain the company’s trajectory.

More about Perma-Pipe International Holdings

Perma-Pipe International Holdings, Inc. is a global leader in pre-insulated piping and leak detection systems, primarily serving the oil and gas, district heating and cooling sectors. The company leverages its engineering and fabrication expertise to create solutions for the safe and efficient transportation of various liquids, operating in fourteen locations across six countries.

YTD Price Performance: -20.12%

Average Trading Volume: 24,652

Technical Sentiment Signal: Sell

Current Market Cap: $92.4M

Find detailed analytics on PPIH stock on TipRanks’ Stock Analysis page.

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