Environmental Tectonics Corporation

02/21/2024 | Press release | Distributed by Public on 02/21/2024 16:46

ETC Announces Promotion of Katarzyna Wrzesinski and Joseph McAvoy to the Corporate Officer Leadership Team

SOUTHAMPTON, Pa., USA, February 21, 2024 - Environmental Tectonics Corporation (OTC Pink: ETCC) ("ETC" or the "Company") today announces the promotion of Katarzyna Wrzesinski to Director of Finance and Corporate Controller and Joseph McAvoy as the Company's Vice President of Contracts, effective February 16, 2024.

Ms. Wrzesinski, age 41, has extensive accounting experience. She joined ETC in 2009 and has held multiple roles of increasing responsibility, including her most recent role where she served as the Company's Corporate Controller since December 2021. Prior to joining ETC, Ms. Wrzesinski began her career at Polonia Bank, with her last role as Senior Staff Accountant. Ms. Wrzesinski has a B.S. in Accounting from Thomas Jefferson University, graduating Summa Cum Laude.

Mr. McAvoy, age 48, joined ETC in October 2022 as Director of Contracts. Prior to joining ETC, Mr. McAvoy spent 14 years of his 25-year career at Day & Zimmermann, with his most recent role being Senior Contract Manager. Mr. McAvoy graduated Cum Laude from Cabrini University obtaining a B.A. in Sociology with a concentration in Criminal Justice and has Masters Certificates in Commercial and Government Contract Management from Villanova University as well as an A.S. in Paralegal Studies from Manor College.

Robert L. Laurent, Jr. ETC's Chief Executive Officer and President, stated, "Kasia and Joe have been major contributors to the recent success of ETC. Their combined experience and knowledge will be excellent additions to the ETC management team."

Forward-looking Statements
This news release contains forward-looking statements, which are based on management's expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "future", "predict", "potential", "intend", or "continue", and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.