Perma-Pipe appoints Richard Sherrill to board of directors

Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced the appointment of Richard M. Sherrill to its board of directors, effective immediately. The appointment fills the board seat previously held by Rob McNally.

Sherrill, 59, currently serves as senior vice president of business development for Howard Energy Partners, a private midstream energy infrastructure company. He has been a board member of Talos Energy, Inc. (NYSE: TALO) since February 2023.

From 2003 to 2019, Sherrill served as president and board member of Ceritas Energy LLC, a midstream infrastructure company he co-founded in 2003. The company focused on midstream gathering and process solutions in onshore regions of the United States and was backed by private equity firms Quantum Energy Partners and Energy Spectrum Partners.

Prior to founding Ceritas Energy, Sherrill held senior management roles at Duke Energy Corporation from 1999 to 2003, where he was appointed chief operating officer over the company's North American commercial activities in the deregulated natural gas and power space. From 1992 to 1999, he served in various capacities at Dynegy, Inc.

Sherrill began his career with First Interstate Bank of Texas, now part of Wells Fargo, serving upstream, midstream, and energy merchant clients as part of the firm's Energy Lending Group. He graduated from the University of Texas at Austin in 1988 with a Bachelor of Business Administration degree in finance.

Perma-Pipe is a global manufacturer of pre-insulated piping and leak detection systems for oil and gas, district heating and cooling, and other applications. The company operates at 14 locations in seven countries.

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