J. Barnie Beasley, Chairman of the Board of Directors of GSE Systems, Inc., Intends Not to Stand for Re-Election to the Board
February 26, 2021 at 05:28 pm EST
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As will be disclosed in the 2021 proxy statement of GSE Systems, Inc., on February 26, 2021, J. Barnie Beasley, Chairman of the board of directors (the Board"), informed the company that he will not stand for re-election to the Board. Mr. Beasley's tenure as a member of the Board will cease as of the close of the 2021 Annual Meeting of Stockholders of the company (the Annual Meeting") in the event that his successor is duly elected and qualifies or, alternatively, Mr. Beasley intends to resign as a director at the close of the Annual Meeting.
GSE Systems, Inc. is a provider of engineering services and technology, staffing, and simulation software to clients in the power and process industries. Its segments include Engineering and Workforce Solutions. Engineering segment primarily encompasses its power plant high-fidelity simulation solutions, technical engineering services for American Society of Mechanical Engineers programs, power plant thermal performance optimization, and interactive computer-based tutorials/simulation focused on the process industry. It also includes various simulation products, engineering consulting services, and operation training systems delivered across the industries its serves primarily in the nuclear, fossil fuel power generation and the process industries. The Workforce Solutions segment provides specialized, technical talent and specialty services throughout the energy, engineering, and adjacent industries including construction, government, infrastructure, environmental, and manufacturing.