LEWISVILLE, TEXAS – National Switchgear (NSG) announced its Chief Executive Officer, Doug Powell, has stepped down from day-to-day operations and will continue leading the executive team as Chairman of the Board effective November 2018.
“I’m so fortunate to have had such a long career in this industry,” Powell said. “Over the years I’ve worked for some great business leaders whom I have learned much from, and I am privileged to have found and worked with a great team of professionals here at National. I’m excited about moving into this new phase of my life, but will truly miss this group of individuals.”
Due to Powell stepping down, the President of National Switchgear Robert Koren has assumed the role of Chief Executive Officer. With over 28 years of experience at National, Koren is one of Powell’s most trusted partners.
“I’m grateful for the 28 years that I have worked alongside Doug,” Koren said. “He has been an influential leader not only at National, but in the entire industry. As he passes the torch, I hope to follow in his footsteps and carry out his vision for the company.”
After co-founding NSG in 1986, Powell opened an affiliate company, National Field Services (NFS), in 1996 to provide regional customers with onsite electrical equipment testing, engineering and maintenance services. The company now serves a range of industries throughout the United States, has expanded to four additional locations across the Southwest and is poised for further expansion.
Powell said he chose to leave at this time because he believes the management team is ready to take the company to the next level.
“The timing is right for the executive team to take the next steps in their careers,” he said. “They have a great plan for the company, and I have full confidence that they will be able to execute on that vision.”
He said he will use this time to explore other business interests and travel with Arlene, his wife of 40 years.
“When we aren’t traveling, I’m sure you can find us in Frisco, Texas, at a baseball, soccer or basketball game cheering for one of our three grandkids,” he said.
ABOUT NATIONAL SWITCHGEAR
National Switchgear is an industry leader in power distribution equipment and services, offering a broad line of new and repurposed electrical equipment from an extensive inventory and network of suppliers. National Switchgear also provides shop, engineering and on-site services for all power systems, including remanufacturing of circuit breakers, switchgear and related components.
Contact:
Holly Filewood
(469) 312-1203
[email protected]