Henry E. Bartoli Steps Down as Member of the Board of Directors of Babcock & Wilcox Enterprises, Inc
April 27, 2020 at 04:37 pm EDT
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On April 23, 2020, Henry E. Bartoli stepped down as a member of the Board of Directors (the “Board”) of Babcock & Wilcox Enterprises, Inc. (the “Company”). Mr. Bartoli’s resignation from the Board did not result from any disagreement with the Company on any matters relating to the Company’s operations, policies or practices. As the only executive officer on the Board, Mr. Bartoli voluntarily resigned as a Board member in order to ensure the Company was able to comply with the requirement contained in the Company’s Corporate Governance Principles requiring that, at all times, at least 66% of the members of the Board satisfy all New York Stock Exchange listing standards for independence, other than Section 303A.02(b)(iv) of the NYSE listed company manual.
Babcock & Wilcox Enterprises, Inc. is a provider of renewable, environmental and thermal technologies for industrial, electrical utility, municipal and other customers. The Company operates through three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. Its Babcock & Wilcox Renewable segment offers technologies for environmentally sustainable power and heat generation, including waste-to-energy, biomass-to-energy and black liquor systems for the pulp and paper industry. Its Babcock & Wilcox Environmental segment provides emissions control and environmental technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around the world. Its Babcock & Wilcox Thermal segment provides steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil and gas, and industrial sectors.
BABCOCK & WILCOX ENTERPRISES, INC. 
