PEARL RIVER, N.Y., Sept. 01, 2020 (GLOBE NEWSWIRE) — Hudson Technologies, Inc. (NASDAQ: HDSN) today announced the appointment of Stephen P. Mandracchia to its Board of Directors. Mr. Mandracchia fills the Board vacancy resulting from the passing of Kevin J. Zugibe in June 2020.
Mr. Mandracchia, who beneficially owns approximately 3.5% of the Company, is a founder of Hudson Technologies and previously served the Company as Vice President Legal and Regulatory from August 2003 until May 2019 and as Secretary from 1995 until May 2019. Mr. Mandracchia has worked in a variety of capacities with the Company since 1993 and from May 2019 through August 2020, was a consultant to Hudson. He was a member of the law firm of Martin, Vandewalle, Donohue, Mandracchia & McGahan until 1995, having been associated with the firm since 1983. Mr. Mandracchia graduated Magna Cum Laude from Manhattan College, where he earned a BS degree in Biology, and received his JD from St. John’s School of Law. He is a member of the New York State Bar, and is admitted to practice in the U.S. District Court for the Southern and Eastern Districts of New York and in the 2nd Circuit U.S. Court of Appeals. Mr. Mandracchia is the brother-in-law of Kevin Zugibe, former Chariman & Chief Executive Officer of Hudson Technologies.
Brian F. Coleman, Chairman of the Board, President and Chief Executive Officer of Hudson Technologies commented, “We are pleased to announce Steve’s addition to the Board. As a Company founder, whose distinguished career includes 25 years in senior management at Hudson, Steve is uniquely suited to provide valuable counsel and expertise as we work to drive continued growth. We are confident that his knowledge, perspective and experience relative to our industry and our Company, will result in significant contributions to the Board and to the continued evolution of Hudson’s business.”
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider of innovative and sustainable solutions for optimizing performance and enhancing reliability of commercial and industrial chiller plants and refrigeration systems. Hudson’s proprietary RefrigerantSide® Services increase operating efficiency, provide energy and cost savings, reduce greenhouse gas emissions and the plant’s carbon footprint while enhancing system life and reliability of operations at the same time. RefrigerantSide® Services can be performed at a customer’s site as an integral part of an effective scheduled maintenance program or in response to emergencies. Hudson also offers SMARTenergy OPS®, which is a cloud-based Managed Software as a Service for continuous monitoring, Fault Detection and Diagnostics and real-time optimization of chilled water plants. In addition, the Company sells refrigerants and provides traditional reclamation services for commercial and industrial air conditioning and refrigeration uses. For further information on Hudson, please visit the Company’s web site at www.hudsontech.com.
