PIC Group Names Michael Cox Vice President

ATLANTA–(BUSINESS WIRE)–PIC Group, today announced the appointment of Michael Cox as Vice President to lead the Operations and Maintenance Business Development Group.

Mr. Cox joins PIC Group from Worley, where he was most recently General Manager Operations and Maintenance (O&M) Services. In this role, he maintained P&L responsibility for a growing and diverse global business unit supporting projects in the global fleet and leading project development. Michael brings over 35 years of power generation and power industry commercial experience with his power generating experience spanning over 30 years of increasing levels of responsibilities. Michael brings expertise in understanding the solutions and services customers want as well as a successful track record of developing strong customer relationships and exceeding year-over-year strategic growth targets.

“We are harnessing our core strengths as an advantage to continue to grow in our traditional markets and accelerate our entry into new ones. I’m confident Michael is the right leader to take on this critical role and move us into the next level of our expansion,” said Frank Avery, PIC Group CEO and President.

In his new role, Cox will oversee PIC Group’s global O&M sales and commercial teams, leading the company’s efforts to foster innovative sales approaches that broaden PIC Group’s business opportunities and deepen customer relationships worldwide.

About PIC Group

Founded in 1988, PIC Group, Inc. is dedicated to delivering value by providing global energy services to facilities across four continents – North America, South America, Asia, and Africa. PIC provides O&M Services (Care, Custody and Control), Commissioning and Startup, Documentation & Training and Staffing services and serves the power generation, oil and gas, petrochemical, pulp and paper and manufacturing industries.

PIC Group, Inc. is a wholly owned subsidiary of Marubeni Corporation, a Fortune Global 500 Company. Marubeni is a major Japanese sogo shosha (international trading company) and the third largest global independent power producer (IPP).

(www.picgroupinc.com)

About Marubeni

Marubeni Corporation and its consolidated subsidiaries use their broad business networks, both within Japan and overseas, to conduct importing and exporting (including third country trading), as well as domestic business, encompassing a diverse range of business including consumer products, food, agriculture, chemicals, energy and metals and power business machinery and infrastructure.

Contacts

For press inquiries, contact:

Douglas Shuda, Marketing Director

678-627-4142

douglas.shuda@picgroupinc.com

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