GSE Systems Inc. announced that its Board of Directors has elected Suresh Sundaram as a Class II Director and Chairman of the Nominating Committee effective September 14, 2016. The Board also has appointed Jim Stanker Chairman of the Audit Committee effective the same day. Dr. Sundaram has more than 25 years of experience in product development, sales operations, and marketing leadership, focused on simulation technology. In August 2016, he was appointed Senior Vice President, Products and Marketing at Exa Corporation. Separately, Dr. Sheldon L. Glashow, a director since 1995, announced his retirement from the Board of Directors effective September 15, 2016.
GSE Systems, Inc. is a provider of engineering services and technology, staffing, and simulation software to clients in the power and process industries. Its segments include Engineering and Workforce Solutions. Engineering segment primarily encompasses its power plant high-fidelity simulation solutions, technical engineering services for American Society of Mechanical Engineers programs, power plant thermal performance optimization, and interactive computer-based tutorials/simulation focused on the process industry. It also includes various simulation products, engineering consulting services, and operation training systems delivered across the industries its serves primarily in the nuclear, fossil fuel power generation and the process industries. The Workforce Solutions segment provides specialized, technical talent and specialty services throughout the energy, engineering, and adjacent industries including construction, government, infrastructure, environmental, and manufacturing.