Anaheim, CA (PRWEB) May 20, 2014
Penhall is proud to welcome Eric Frailey as Director of Purchasing and Equipment Management. Frailey will be focused on supporting the company’s capital expenditure and procurement activities, while also working closely with Penhall’s fleet and field management teams.
Frailey brings an extensive background in audit, finance and marketing expertise to his new position. “We are excited about the prospect of having an executive of Eric Frailey’s caliber join our team,” shared Bruce Lux, Chief Financial Officer for Penhall. Lux adds, “We feel that with Eric’s leadership and varied background, Penhall is well-positioned for the future and will help lead the way toward improving our overall processes and efficiencies.”
Prior to joining Penhall, Frailey was the Director of Procurement for Apria Healthcare where his leadership and strategic vision drove cost-saving measures across the enterprise. In addition to Apria, Frailey has held a variety of leadership roles with Western Digital and Ford Motor Company’s former Premier Automotive Group. Mr. Frailey will be based in Anaheim at Penhall Company’s corporate offices.
# # # #
About Penhall Company
Founded in 1957, Penhall Company is a market leader in concrete cutting, coring, breaking and related concrete construction services. As one of the top three specialty contractors in the US and Canada, Penhall continually invests in emerging specialty technologies and capabilities that ensure a safe and productive environment. Spanning 41 locations in 18 states and Canada, Penhall employs over 1,300 professionals who are dedicated to meticulously delivering quality workmanship and upholding the safest working environment.
About Centerbridge Partners, LP
Centerbridge Partners, LP was founded in 2005 and commenced business in 2006. With approximately $12 billion in capital under management, the firm invests across multiple strategies, including private equity and credit investments. The firm is dedicated to partnering with world-class management teams to help companies achieve their operating and financial objectives.