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Stabilis Solutions Announces Leadership Change and Strategic Focus

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Stabilis Solutions Announces Leadership Change and Strategic Focus

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Stabilis Solutions ( (SLNG) ) just unveiled an announcement.

Stabilis Solutions announced the appointment of J. Casey Crenshaw as Executive Chairman and interim CEO, effective January 31, 2025, following the mutual agreement for Westervelt T. Ballard, Jr. to step down from his positions. Mr. Ballard will remain as a consultant throughout 2025 to ensure a smooth transition. The company is set to continue its growth in the small-scale LNG market, with Mr. Crenshaw playing a pivotal role in the strategic development and search for a permanent CEO.

More about Stabilis Solutions

Stabilis Solutions, Inc. is a leading provider in the clean fueling industry, offering products and services such as LNG production, storage, transportation, and fueling solutions. The company focuses on delivering last-mile solutions for high-performance brands across established and emerging markets.

YTD Price Performance: 28.51%

Average Trading Volume: 14,667

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $141.2M

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

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