CECO Environmental CFO resigns
Marshal Morris has resigned as CFO of US air pollution control company CECO Environmental to pursue another career opportunity. Morris says: ?Leaving CECO was a hard and difficult decision for me to make but a unique opportunity was presented to me that I think will be for the long-term benefit of my family.?
When he leaves on November 30, the company's CEO Philip DeZwirek will take on the role of acting CFO until a replacement is found. DeZwirek said he would be supported in this challenge by the strong financial team built up by Morris.
CECO's third quarter results reported an 8% increase in revenue, although the company incurred a net loss of $94,000 due mainly to what chief operating officer Richard Blum described as a ?dismal? first eight months of the year.
Through its five subsidiaries, the company provides air pollution control products, including industrial air-filters and air quality improvement systems.