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GlobeNewswire (Europe)
342 Leser
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PSAV Announces Leadership Transition

Names Ben Erwin Chief Executive Officer

Schiller Park, Ill., Aug. 24, 2020 (GLOBE NEWSWIRE) -- PSAV, a leader in global event production, today announced that Ben Erwin has been named Chief Executive Officer, effective immediately, and will maintain his current title as President. In his new role, Erwin will be responsible for driving the strategic direction of the Company and overseeing the execution of its business plan.

This leadership transition occurs as PSAV continues to take a leading role in helping its customers adjust to the current environment of the meeting and events industry. Erwin succeeds Mike Mcllwain, who has served as CEO since 2011.

"I am honored to assume the role of CEO during this pivotal time," Erwin said. "We are focused on positioning PSAV for a return to growth and long-term success as we continue to provide creative solutions to our customers and venue partners."

Erwin continued, "On behalf of the entire team, I want to thank Mike for all he has done for PSAV during his tenure and, personally, for his mentorship and guidance to help me prepare for this role. His impact will continue to be felt by our organization long after his formal departure from the business."

"Ben has been an important partner in supporting PSAV's growth over the last five years, and he has the right combination of leadership skills and financial and operational acumen to guide the Company well into the future," Mcllwain added. "Along with our full Board, and Blackstone as our owners, I am confident in his ability to step seamlessly into the CEO role and build on our more than 80-year history of helping to bring unforgettable events to life."

About Ben Erwin

Erwin was named PSAV President in October 2018. In that role, he was responsible for global operations, sales and marketing, IT and product management. Erwin was hired in 2015 as the Company's Chief Financial Officer where he was responsible for global accounting, treasury, financial planning and analysis, tax and product management. Before joining PSAV, he served as Chief Financial Officer for TestAmerica Laboratories, where he led all accounting, finance, treasury, information technology and legal functions. Prior to 2011, he served as SVP Corporate Development for Cornell Companies, where he managed corporate strategy, financial planning and analysis, public market capital transactions, and investor relations.

Erwin earned bachelor's degrees in Economics and Political Science from Wake Forest University. He is currently serving on the board of directors for both PCMA and the American Hotel & Lodging Association (AHLA).

About PSAV

The PSAV family of companies serves as a global leader in event experiences, providing creative, production, advanced technology and staging services to help meeting professionals deliver more dynamic and impactful experiences at their meetings, trade shows and events. The company operates in more than 20 countries across North America, Europe, the Middle East, Australia and Asia. It is the trusted partner and exclusive on-site provider of choice at leading venues worldwide. PSAV was recently named to the Forbes 2018 and 2019 America's Best Employer list. The company is headquartered in Schiller Park, Ill. www.psav.com.

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© 2020 GlobeNewswire (Europe)
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