Eric Effinger Promoted; David Clem and Jameel Allen Join Growing Team

LOUISVILLE, KY (March 13, 2019) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced the following promotion and new hires, which expand the Company’s strong leadership bench.

“We are pleased to promote Eric Effinger and welcome David Clem and Jameel Allen to the Charah Solutions team,” said Scott Sewell, President and Chief Executive Officer of Charah Solutions. “Their deep operating experience and strong leadership skills will be great resources for Charah Solutions as we continue to growth and expand the services we provide our customers.”

  • Eric Effinger has been promoted to Vice President of Operations. Mr. Effinger has 15 years of experience executing and managing large-scale heavy civil construction and utility-related projects throughout the United States. He joined Charah Solutions in 2012 as Project Manager and most recently served as Director of Operations for the Midwest division. He is a Registered Professional Engineer and a Certified Project Management Professional (PMP). Mr. Effinger earned a bachelor of science in civil engineering technology from the University of Southern Indiana.
  • David Clem joined Charah Solutions as Senior Vice President of Maintenance in December 2018 with a proven history of assembling and leading successful teams across a range of companies and industries, including a Fortune 500 public utility firm as well as an ENR top 100 private contractor firm, and managing heavy industrial projects and project services. Mr. Clem earned a bachelor of science in civil engineering from Tennessee Tech University and an MBA from the University of Alabama at Birmingham. He has also completed executive education and leadership programs at the Massachusetts Institute of Technology, University of Texas and Southern Methodist University.
  • Jameel Allen joined Charah Solutions as Vice President of Business Development in December 2018 with more than 20 years of experience in global engineering, procurement and construction, and most recently served in business development in the power industry. Mr. Allen earned a bachelor of arts in business administration from South Carolina State University and an MBA from Arizona State University’s W.P. Carey School of Business. He serves on the Board’s planning committee for Electric Power and is a member of the Board of Governors for Club Corp’s Commerce Club, SC Economic Development Association and the Board of Advisors for Greenville Chamber of Commerce. 

About Charah Solutions, Inc.
With 30 years of experience, Charah® Solutions, Inc. is a leading provider of environmental and maintenance services to the power generation industry. Based in Louisville, Kentucky, Charah Solutions assists utilities with all aspects of managing, recycling and remediating ash byproducts generated from the combustion of coal in the production of electricity as well as routine power plant maintenance and outage services for coal and nuclear energy providers. The Company also designs and implements environmental solutions for ash pond management and closure, landfill construction, fly ash and slag sales, and structural fill projects. Charah Solutions is the partner of choice for solving customers’ most complex environmental challenges, and as an industry leader in quality, safety, and compliance, the company is committed to reducing greenhouse gas emissions for a cleaner energy future. For more information, please visit

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. These statements are based on certain assumptions made by the company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement is made and the company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.