Daily News: August 27, 2014

Former GE Capital Exec Named APR Energy CFO

APR Energy’s board of directors announced that Lee Munro has been named chief financial officer. Munro has been with the company since its early stages, serving as senior vice president, and has been a key part of its development. Munro has considerable experience with the installation and operation of APR Energy’s power plants and has demonstrated a core competence managing these investments for the group.

He has a very strong corporate finance and audit background from his 11 years at GE Capital, where he held a number of senior financial and leadership positions most recently serving as CEO of GE European Operations Services.

Laurence Anderson, Chief Executive Officer, said: “Lee brings with him a strong financial background and a deep understanding of the business. He knows what is required to drive our continued success, will bring stability to the position and will help drive further process and systems improvements within finance and across departments. He made a great impact in the short period of time while serving as Interim CFO, securing our new $770m facility and streamlining the operations of the finance function. Lee’s selection was unanimous among the Board members and we are extremely pleased for him to take this role.”

APR Energy is a mobile turbine power business.

To read the entire news release, click here.