Tornado Global Hydrovacs ( (TSE:TGH) ) has provided an announcement.
Tornado Infrastructure Equipment Ltd. has announced the promotion of Derek Li to Vice President and Chief Financial Officer, following the retirement of Al Robertson. Derek Li, who has been with the company for eight years, will oversee financial strategy and support business expansion. Additionally, Tornado has granted stock options for 500,000 common shares to a key employee, reflecting its commitment to incentivizing and retaining talent.
More about Tornado Global Hydrovacs
Tornado Infrastructure Equipment Ltd. is a leader in the vacuum truck industry, specializing in the design and manufacture of hydrovac trucks. These trucks are used by utility and oilfield professionals for excavation services in infrastructure, industrial construction, and oil and gas markets. The company also provides heavy-duty truck maintenance operations in central Alberta, with hydrovac excavation becoming a standard in North America for safe urban and critical infrastructure excavation.
YTD Price Performance: 11.32%
Average Trading Volume: 185,178
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$162.3M
For a thorough assessment of TGH stock, go to TipRanks’ Stock Analysis page.