ElectroWave names Navy veteran president

HOUSTON, Jan. 23 (UPI) -- Texas -based Deep Down Inc. announced its subsidiary and electronic monitoring provider, ElectroWave USA Inc., has appointed a new president.

ElectroWave is an electronic monitoring and control systems provider in the energy and military markets. Officials say retired U.S. Navy Lt. Cmdr. Gregory Boucher has been named president, replacing current President Martin Kershman, who will continue to serve as a consultant.

"We appreciate Mr. Kershman's past contributions to ElectroWave and wish him the best in his personal endeavors," Ronald Smith, Deep Down president and chief executive officer, said in a statement. "We are equally impressed with Greg Boucher's capabilities and are excited about the possibilities his stewardship will bring to ElectroWave."

Company officials say Boucher, who began working for ElectroWave in October 2007, was appointed president to manage the company's growing number of contracts with commercial and government clientele, including the U.S. Navy and the U.S. Coast Guard.

"Deep Down and each of its subsidiaries continue to seek complementary acquisitions to complement and expand their respective service and product capabilities," said Robert Chamberlain, Deep Down chairman and chief acquisitions officer.