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Perma-Fix Announces Appointment of Renowned Public and Private Sector Environmental Leader Kerry C. Duggan to Board of Directors

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Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) has appointed Kerry C. Duggan to its Board of Directors. A prominent environmental policy expert, Duggan has held senior roles in government, including the Obama-Biden White House, where she served the former Vice President on environmental issues. She founded SustainabiliD and has recently been part of Michigan’s Council on Climate Solutions. Her extensive experience in clean energy and climate resilience aligns with Perma-Fix’s mission of providing effective waste management solutions, emphasizing the urgency of addressing legacy radioactive waste.

Positive
  • Kerry C. Duggan's appointment brings valuable expertise in environmental policy and sustainability.
  • Duggan's background in government and the private sector may enhance Perma-Fix's strategic initiatives.
  • Her experience with clean energy can support the company's mission to develop effective waste management solutions.
Negative
  • Kerry C. Duggan's lack of direct experience in the nuclear waste management sector may raise concerns about industry-specific knowledge.

Served as Deputy Director for Policy to then Vice President Biden in the Obama-Biden White House and Held Senior Roles in the Energy Department

Served as Biden Campaign Appointee to the Biden-Sanders Climate Change Unity Task Force

ATLANTA, May 06, 2021 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced the appointment of Kerry C. Duggan to the Company’s Board of Directors. Ms. Duggan is one of the nation’s premier environmental policy experts, having held senior roles in government, as well as the private, academic and non-profit sectors.

Ms. Duggan is the founder of SustainabiliD, a sustainability and strategy consulting firm. In February 2021, Governor Whitmer appointed Ms. Duggan to the State of Michigan’s Council on Climate Solutions, to advise on the implementation of the MI Healthy Climate Plan, to reduce greenhouse gas emissions and to transition toward economywide carbon neutrality. In 2020-21, Ms. Duggan was a policy advisor and surrogate for the Biden campaign. Ms. Duggan was also a Biden appointee to the Biden-Sanders Unity Climate Change Task Force. After her time in federal service, Ms. Duggan co-founded the Smart Cities Lab, was a Partner with the Honorable Thomas J. Ridge’s firm, RIDGE-LANE Limited Partners, and served on the external advisory board of the University of Michigan’s Erb Institute for Global Sustainable Enterprise and was a Board Member at the Global Council for Science and the Environment. She was also a Trustee of the University Liggett School. In 2018, Ms. Duggan was named to the prestigious “40 Under 40” list by Crain’s Detroit Business.

Ms. Duggan spent nearly seven years in federal service, including in the Obama-Biden White House as Deputy Director for Policy to then Vice President Joe Biden for energy, environment, climate and distressed communities. Simultaneously, she served as Deputy Director of the Detroit Federal Working Group to support Detroit’s revitalization. Prior to the White House, Ms. Duggan held several senior roles at the Department of Energy, including as Secretary Moniz’s embedded Liaison to the City of Detroit (where she championed a citywide LED streetlight conversion), and in the Office of Energy Efficiency & Renewable Energy as Director of Stakeholder Engagement, Director of Legislative, Regulatory & Urban Affairs, and as a Senior Policy Advisor. She is also on the advisory boards of RockCreek, Aclima, Inc., Walker-Miller Energy Services, and Arctaris Impact Investors. She is a Senior Fellow with the Federation of American Scientists. Ms. Duggan earned her B.S. in Environmental Studies from the University of Vermont and her M.S. in Natural Resource Policy & Behavior from the University of Michigan.

“Throughout my career, helping address this nation’s most pressing environmental challenges has been one of my highest priorities,” stated Ms. Duggan. “I welcome the opportunity to work alongside the senior management team at Perma-Fix, given the Company’s proven track record of putting science to work, developing unique and cost-effective solutions to legacy radioactive waste—which has not only become an urgent priority for the safety and well-being of the community, but is also a considerable financial liability for the nation. I believe that Perma-Fix has the leadership, technologies and expertise to help solve these complex problems, while dramatically reducing the economic burden on the government and taxpayers and allowing us to collectively be better stewards of our environment.”

Mark Duff, Chief Executive Officer, stated, “We are honored to welcome Ms. Duggan to the Board of Directors, as a leading figure in both the environmental and energy sectors. Kerry brings extensive experience having held senior roles in business, government, academic, and non-profit organizations. She is recognized and sought after as a leader in areas such as clean energy, climate resilience, and environmental protection. We look forward to working closely with Kerry and leveraging her unique relationships at all levels of government to advance our objectives to provide waste management technologies and capabilities that will reduce adverse environmental impacts while increasing value to our clients. We believe her experience and vision are closely aligned with our mission.”

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the U.S Department of Energy (“DOE”), the U.S Department of Defense (“DOD”), and the commercial nuclear industry. The Company’s nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities, nationwide.

Please visit us at http://www.perma-fix.com.

Please visit us on the World Wide Web at http://www.perma-fix.com.

Contacts:
David K. Waldman-US Investor Relations
Crescendo Communications, LLC
(212) 671-1021

Herbert Strauss-European Investor Relations
herbert@eu-ir.com
+43 316 296 316


FAQ

Who is Kerry C. Duggan and what role will she play at Perma-Fix Environmental Services?

Kerry C. Duggan is an environmental policy expert appointed to the Board of Directors of Perma-Fix Environmental Services, bringing extensive experience in sustainability and clean energy.

What impact could Kerry C. Duggan have on Perma-Fix Environmental Services' strategies?

Duggan's expertise in environmental policy and clean energy may enhance the company's strategic direction and operational initiatives.

What is Perma-Fix Environmental Services' focus area as a nuclear services company?

Perma-Fix specializes in nuclear and mixed waste management services for various sectors, including hospitals and federal agencies.

Perma-Fix Environmental Services, Inc.

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