IES Holdings (IESC) completed its previously-announced executive succession plan, with Matt Simmes becoming the Company’s President and CEO and Jeff Gendell transitioning from Chairman of the Board and CEO to Executive Chairman of the Board. In addition, Mr. Simmes has been appointed as a member of the Company’s Board. IES also announced the appointment of Jordan Lyman as President of IES’s Residential segment. Mr. Lyman has spent more than 20 years at IES Residential, including 14 years as Division Manager of the segment’s San Antonio Division.
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