Mistras provides update on Project Phoenix, appoints D’Alterio as EVP, CCO

MISTRAS announced the implementation of the first Project Phoenix initiative – a reorganization of the Company’s Products & Systems segment that is expected to increase Adjusted EBITDA by $4.0 Million in Fiscal 2024. In addition, the Company announced the hiring of Gennaro D’Alterio and his appointment as Executive Vice President, EVP, and Chief Commercial Officer, CCO, responsible for accelerating the development and adoption of new revenue growth strategies. The implementation of these initiatives is a significant step signaling MISTRAS Group’s commitment to delivering increased value to its customers and shareholders.