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Bob Preston Will Replace Chuck Sorrentino as CEO
To All GSE Team Members:
Today, Bob Preston will begin his role as GSE’s new CEO, and I will be retiring. I think it’s great for the company that we have a new CEO and one that is a strong leader. For more information about Bob, you can read the full press release here.
I want to thank each of you for your cooperation and support over the last many months. We could not have made the progress that we did without your wholehearted dedication and hard work. We now have a company trending positively with a lot of headroom and positioned for growth.
I thought it might be timely to update you on our recent progress. The months of August and September were our first months after our restructuring of GSE, and they were an improvement over the prior periods. In fact, one has to go back to 2012 to find a month greater than our August, 2014 performance. I am very much encouraged by these early results. A brief two month period does not make a trend, but it does indicate that we have successfully begun the process of rebuilding our business and regaining momentum in the marketplace. Thus, we are off to a good start, but keep in mind that it’s only a start.
As I mentioned in my previous communications, our continued successes will be a function of how well we execute our business strategies and manage our expenses. GSE is in an intensively competitive business with thin margins. We need to be prudent managing expenses and do our best to eliminate waste wherever and whenever we see it. Your contributions to our successful expense management over the last many months have been a big part of GSE regaining financial momentum and more stability in our business. I thank each of you for your individual contributions.
I have had the opportunity to spend time with our new owners and Bob Preston, and I am convinced that we have excellent leaders. Their commitment and enthusiasm for GSE’s success is exciting and contagious. All of the right elements to the continued rebuilding of our business are aligning. We need to work smart and hard and let’s make sure we take the time to recognize the great things that our team members are contributing across the company globally.
Thanks to all of you for your dedication and have a safe holiday.
Chuck
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