Perma-Pipe Strengthens Board with New Appointments
Perma-Pipe International Holdings Inc. (Nasdaq: PPIH), a global leader in pre-insulated piping and leak detection systems, has announced the appointment of Nancy Zakhour and Saleh Sagr to its Board of Directors, effective April 8, 2026; these appointments reflect the company’s strategic focus on strengthening governance, enhancing leadership diversity, and aligning its board expertise with evolving global energy and infrastructure trends
Roles and Responsibilities on the Board
Nancy Zakhour will serve as an independent director and will participate in key board committees, including the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee; her involvement across these committees underscores the company’s confidence in her ability to contribute to financial oversight, executive compensation strategies, and corporate governance practices; Saleh Sagr, who currently serves as President and Chief Executive Officer, has also been appointed as a director; as an executive member of the company, he will not be classified as an independent director under Nasdaq standards and will not serve on standing committees, but his inclusion on the board is expected to strengthen alignment between management and governance
Nancy Zakhour’s Expertise in Energy and Strategy
Nancy Zakhour brings extensive experience across renewable energy, oil and gas, and investment banking, offering a well-rounded perspective on the global energy transition; she currently serves as Chief Commercial Officer at Clean Energy Services, where she leads corporate strategy and oversees commercial execution for battery storage and solar initiatives; in addition to her executive role, she is a Venture Partner at Ascent Energy Ventures and an MBA Lecturer at Rice University, further demonstrating her commitment to innovation, investment, and education in the energy sector; her multidisciplinary background positions her as a valuable asset to Perma-Pipe as it navigates opportunities in both traditional and emerging energy markets
Career Background and Industry Experience
Before her current positions, Zakhour worked as an Investment Banker in the Energy and Power group at Piper Sandler, where she advised clients on complex financial and strategic transactions; her experience in capital markets and deal-making provides a strong foundation for evaluating growth opportunities and strategic initiatives; she also held leadership roles at Oxy Low Carbon Ventures, also known as 1PointFive, where she played a key role in advancing the commercial deployment of Direct Air Capture and Carbon Capture, Utilization and Storage projects across the United States; these initiatives highlight her expertise in carbon management technologies and sustainability-focused solutions
Technical Foundation and Early Career Achievements
Zakhour began her career with Schlumberger, gaining extensive technical and international field experience across regions including North America, Asia, North Africa, and Russia; this early exposure to global operations helped shape her understanding of complex energy systems and operational challenges; she later held engineering and advisory roles at Callon Petroleum, further strengthening her expertise in both technical and strategic domains; her ability to integrate engineering knowledge with commercial insight has been a defining characteristic of her career and will contribute significantly to her role on the board
Academic Credentials and Industry Recognition
Nancy Zakhour holds a Bachelor of Engineering in Electrical and Computer Engineering from the American University of Beirut and an MBA from Rice University; her academic achievements are complemented by industry recognition, including the Society of Petroleum Engineers Regional Completions Optimization and Technology Award and Hart Energy’s 40 Under Forty Award; she has also authored numerous technical publications, demonstrating her thought leadership and commitment to advancing knowledge within the energy sector; these accomplishments underscore her qualifications to contribute at the highest levels of corporate governance
Leadership Perspective on Zakhour’s Appointment
Jon Biro, Chairman of the Board, expressed enthusiasm about Zakhour’s appointment, highlighting her deep technical expertise and strategic leadership across both traditional and emerging energy sectors; he noted that her insights will be invaluable as Perma-Pipe continues to position itself for long-term growth; Saleh Sagr also emphasized that her appointment reflects the company’s commitment to incorporating forward-looking and diverse perspectives, particularly in areas such as carbon management, renewables, and capital markets; her presence on the board is expected to enhance strategic decision-making and support the company’s long-term objectives
Saleh Sagr’s Appointment to the Board
The appointment of Saleh Sagr to the Board of Directors represents a natural progression in his leadership journey within Perma-Pipe; having served as President and CEO since June 7, 2025, Sagr has demonstrated strong leadership and operational expertise, contributing to the company’s performance and growth; his addition to the board ensures that the executive perspective is directly represented in governance discussions, facilitating more effective decision-making and alignment between strategic priorities and operational execution
Extensive Industry Experience and Leadership Track Record
Saleh Sagr brings more than 30 years of experience in pipeline coating, industrial manufacturing, and international operations; he joined Perma-Pipe in 2019 and has since held several senior leadership roles, overseeing operations across key regions including the Middle East, India, and Egypt; his extensive experience in managing complex projects and leading diverse teams has been instrumental in driving operational efficiency and expanding the company’s global footprint; his leadership has played a crucial role in strengthening Perma-Pipe’s position in the industry
Board and Executive Commentary on Sagr’s Role
Jon Biro praised Sagr’s performance during his first year as President and CEO, describing it as outstanding and noting that his appointment to the board is a recognition of his achievements; he emphasized that Sagr’s addition will further strengthen the board’s ability to guide the company toward continued success and long-term growth; Sagr expressed his appreciation for the appointment, stating that he is honored by the board’s recognition and remains committed to building on the positive momentum achieved by the company’s team; his remarks reflect a strong sense of leadership and dedication to the organization’s mission
Company Overview and Global Operations
Perma-Pipe International Holdings Inc. is a global leader in the design and manufacture of pre-insulated piping and leak detection systems, serving industries such as oil and gas, district heating and cooling, and other infrastructure applications; the company leverages its extensive engineering and fabrication expertise to develop solutions that address complex challenges related to the safe and efficient transportation of liquids; its innovative approach and commitment to quality have established it as a trusted partner for customers worldwide
Global Footprint and Capabilities
The company operates through a network of thirteen locations across seven countries, enabling it to deliver products and services to a diverse global customer base; this international presence allows Perma-Pipe to respond effectively to regional market demands while maintaining consistent quality and performance standards; its ability to combine local expertise with global capabilities positions the company as a leader in the piping and infrastructure solutions market
Strengthening Governance for Future Growth
The appointments of Nancy Zakhour and Saleh Sagr to the Board of Directors reflect Perma-Pipe’s commitment to strengthening its governance structure and positioning the company for future growth; by combining Zakhour’s expertise in energy transition and strategic finance with Sagr’s operational leadership and industry experience, the company is enhancing its ability to navigate an evolving market landscape; these additions to the board are expected to support Perma-Pipe’s long-term strategy, drive innovation, and create value for shareholders as the company continues to expand its global presence and capabilities
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