EX-99.1
Published on October 27, 2008
Exhibit 99.1
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PRESS RELEASE |
FOR IMMEDIATE RELEASE
08-15
Contacts:
|
James Haddox, CFO | Ken Dennard / ksdennard@drg-e.com | ||
Reba Reid | Kip Rupp / krupp@drg-e.com | |||
Quanta Services, Inc. | DRG&E | |||
713-629-7600 | 713-529-6600 |
Quanta Services Names James F. ONeil President and COO
ONeil to Lead Operations and Strategic Initiatives in New Position
ONeil to Lead Operations and Strategic Initiatives in New Position
HOUSTON Oct. 27, 2008 Quanta Services, Inc. (NYSE:PWR) announces that effective today
James F. ONeil, age 50, will serve as president and chief operating officer of the company. In this new position, ONeil will oversee Quantas operations and strategic initiatives across the electric power, natural gas, renewable energy, telecommunications, broadband cable and wireless industries.
James F. ONeil, age 50, will serve as president and chief operating officer of the company. In this new position, ONeil will oversee Quantas operations and strategic initiatives across the electric power, natural gas, renewable energy, telecommunications, broadband cable and wireless industries.
ONeil, who most recently served as a senior vice president, joined Quanta in 1999. Throughout his
tenure, he has had responsibility for various initiatives including: the companys renewable energy
strategy; commercial and industrial operations; internal audit; and merger and acquisition
initiatives, including oversight of the acquisition and integration of InfraSource, Inc., the
companys largest acquisition. ONeil will report directly to John R. Colson, chairman and CEO of
Quanta.
Jim will lead the existing operations group with continued emphasis on sustained growth in
earnings, margin enhancement and safety, Colson stated. He will work closely with the presidents
of our electric power, natural gas, telecommunications and cable TV operations to ensure Quantas
continued leadership position in the industries we serve. Jims leadership and expertise will help
the company respond to the increased demand for our services in the renewable energy industry.
more
Prior to joining Quanta Services, ONeil spent 19 years with the Haliburton Company where he held
various positions that encompassed responsibility for the Gulf of Mexico operations, deepwater
development and health, safety, and the environment.
ONeil received a B.S. degree in civil engineering from Tulane University in New Orleans in 1980.
Quanta Services is a leading specialized contracting services company, delivering infrastructure
network solutions for the electric power, natural gas, telecommunications and cable television
industries. The companys comprehensive services include designing, installing, repairing and
maintaining network infrastructure nationwide. Additionally, Quanta provides point-to-point fiber
optic telecommunications infrastructure and leasing in select markets and offers related design,
procurement, construction and maintenance services. With operations throughout North America,
Quanta has the manpower, resources and expertise to complete projects that are local, regional,
national or international in scope.
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