Quanta Appoints Redgie Probst As COO

Quanta Services, Inc. (PWR), an infrastructure services provider for industries, said on Thursday that it has appointed Redgie Probst, Quanta's Electric Power division President, as new Chief Operating Officer or COO.

Probst takes over the position from Duke Austin, Quanta's current Chief Executive Officer or CEO, who has been acting as COO from 2013.

Probst, brings two decades of specialty contracting experience in the electric power infrastructure and other industries as a lineman, entrepreneur, and executive. He has served as Quanta's President - Electric Power Division since March 2019.

He founded and served as CEO of Probst Electric, Inc. from 2004, and Summit Line Construction, Inc., from 2008, both of which Quanta acquired in 2013.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of Deutsche Post DHL Group were gaining around 6 percent in the morning trading in Germany after the package delivery and logistic major reported Friday higher profit and revenues in its second quarter with strong demand. Going ahead, the company confirmed its 2022 EBIT guidance of 8.0 billion euros, plus or minus 5 percent, even in consideration of a possible global economic downturn. Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter halved from last year, hurt by a 1 decline in revenues and a decrease in the market prices of its equity investments in publicly-traded companies. Shares of Deutsche Lufthansa AG were gaining around 6 percent in the morning trading after the German flag carrier reported Thursday a profit in its second quarter, compared to last year's loss, benefited by surge in demand. The company also specified its outlook for the year, and now expects adjusted EBIT to be above 500 million euros for the full year of 2022, in line with current market.
Follow RTT