AEGION CORPORATION (NASDAQ:AEGN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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AEGION CORPORATION (NASDAQ:AEGN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02.

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(d) On January 4, 2017, the Board of Directors (the Board) of
Aegion Corporation (the Company) increased the number of
directors constituting the Board from eight to nine and appointed
Rhonda Germany Ballintyn to serve on the Board. Ms. Germany
Ballintyn was also appointed to serve as a member of the
Corporate Governance Nominating Committee and the Strategic
Planning Finance Committee.
Ms. Germany Ballintyn will be compensated on the same basis as
all other non-employee directors of the Company, as described
under Director Compensation>in the Companys Proxy Statement
for its 2016 Annual Meeting of Stockholders.
There is no arrangement or understanding between Ms. Germany
Ballintyn and any other person to which she was selected as a
director. Ms. Germany Ballintyn does not have any direct or
indirect material interest in any transaction required to be
disclosed to Item 404(a) of Regulation S-K. Ms. Germany Ballintyn
has entered into the standard Aegion director indemnification
agreement, whereby Aegion agrees to indemnify its directors from
and against losses and expenses incurred as a result of their
board service, subject to the terms and conditions provided in
the agreement.
A copy of the press release issued by the Company on January 4,
2017 announcing Ms. Germany Ballintyns appointment to the Board
is furnished herewith as Exhibit 99.1 and incorporated herein by
reference.
Item 9.01.
Financial Statements and Exhibits.
(d)
The following exhibits are filed as part of this
report:
Exhibit Number
Description
99.1
Press Release of Aegion Corporation, dated January 4,
2017, filed herewith.
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About AEGION CORPORATION (NASDAQ:AEGN)

Aegion Corporation (Aegion) is engaged in providing infrastructure protection and maintenance. The Company is engaged in providing technologies and services to protect against the corrosion of industrial pipelines, and rehabilitate and strengthen water, wastewater, energy and mining piping systems and buildings, bridges, tunnels and waterfront structures. It operates through three segments: Infrastructure Solutions, Corrosion Protection and Energy Services. Its sewer rehabilitation activities are conducted through installation and other construction operations performed directly by its subsidiaries. Its corrosion protection operations perform maintenance rehabilitation and corrosion protection services for oil and gas, industrial, and mineral piping systems and structures. Its Energy Services Operations performs engineering, procurement, construction, maintenance and turnaround services.

AEGION CORPORATION (NASDAQ:AEGN) Recent Trading Information

AEGION CORPORATION (NASDAQ:AEGN) closed its last trading session down -0.88 at 23.00 with 288,943 shares trading hands.