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Brookfield Asset Management Announces Appointment of Hutham Olayan to Board of Directors
Brookfield Asset Management Announces Appointment of Hutham Olayan to Board of Directors
BROOKFIELD NEWS, Jan. 05, 2021 Brookfield Asset Management Inc. (“Brookfield” or the “Corporation”) (TSX: BAM.A, NYSE: BAM) announced today the appointment of Hutham Olayan to its board of directors. Ms. Olayan is Chair of The Olayan Group, a multinational investment enterprise as well as a leading operator of businesses in Saudi Arabia, where the group originated in 1947. Ms. Olayan has decades of experience as a long-term investor in various asset classes in global markets.
Frank McKenna, Chair of the Board of Directors of Brookfield, stated, “We are thrilled to welcome Ms. Olayan to Brookfield. As an accomplished business leader and skilled director, she brings vast knowledge and significant experience in international business to the board of directors.” Mr. McKenna continued, “Ms.�
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FORT WORTH, Texas, Jan. 11, 2021 /PRNewswire/ AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services today announced financial results for the third quarter of fiscal year 2021, ended November 30, 2020.
Third Quarter Overview and Recent Highlights:
Earnings per share of $0.76 and net income of $19.7 million; which includes net charges of $1.6 million, or $0.06 cents per share, primarily related to the loss on the divestiture of Southern Mechanical Services (SMS).
Sales of $226.6 million, increased sequentially by 11.4% from the second quarter
Metal Coatings segment results versus same quarter, prior year: