Argan, Inc. Names Mano Koilpillai to Serve as Director; Declares Regular Quarterly Cash Dividend, Payable on October 31, 2019
September 11, 2019 at 05:30 pm EDT
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On September 10, 2019, the board of directors of Argan, Inc. (Argan or the Company) appointed Mano Koilpillai to serve as a director on the Company's Board until the Company's 2020 Annual Meeting of Stockholders and until her successor has been elected and qualified or until her earlier resignation, death or removal. Ms. Koilpillai has over 30 years of experience in Fortune 50 and private associations and corporations, including non-profit, international, consulting and government entities. Ms. Koilpillai is the founder, president and chief executive officer of Dynamic Consulting and Accounting, LLC since September 2014. Additionally, from September 2012 until August 2014, she served as chief financial officer for Defenders of Wildlife, a non-profit organization.
The company also announced that on September 10, 2019 its Board of Directors declared a regular quarterly cash dividend in the amount of $0.25 per share of common stock, payable on October 31, 2019 to stockholders of record at the close of business on October 23, 2019.
Argan, Inc. is a holding company. It is a construction firm that conducts operations through its subsidiaries, Gemma Power Systems, LLC and affiliates (GPS), Atlantic Projects Company Limited and affiliates (APC), The Roberts Company, Inc. (TRC) and Southern Maryland Cable, Inc. Through GPS and APC, its power industry services segment, delivering a suite of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector. Through TRC, the industrial construction services segment provides field services and project management that support new plant construction and additions, maintenance turnarounds, shutdowns and emergency mobilizations for industrial plants. Its telecommunications infrastructure services segment provides project management, construction, installation and maintenance services to commercial, local government and federal government customers.
ARGAN, INC. 
