Technology/Services

Ryko Solutions Appoints Wurth CFO

Replaces Gowey, transitioning out of company at end of July to pursue another opportunity

GRIMES, Iowa -- Ryko Solutions Inc., North America's largest provider of car wash equipment, cleaning solutions and technical service, has appointed Jesse Wurth to be chief financial officer, responsible for the direction of all corporate accounting and financial functions including the recently acquired operations of MacNeil Wash Systems in Barrie, Ontario.

Wurth joins Ryko from The Weitz Co., a construction management company, where he served as vice president of finance. With Weitz, he was recognized for his leadership in bringing together the diverse operational and IT groups within the company around an effort to realize greater profits for the business by forging efficiencies and leveraging new technologies.

In his 15 years of financial advisory and management experience, Wurth has also worked with McGladrey LLP. "We also look for Jesse to be instrumental in leading our efforts to deliver best-in-class service solutions to our customers," said Steven A. L'Heureux, CEO of Ryko Solutions Inc.

Ryko's current CFO, Jerry Gowey, will be transitioning out of Ryko at the end of July to pursue another opportunity. Gowey has been with Ryko for 26 years, rising up through the ranks of the accounting department. He was appointed CFO two years ago as the company was launching an aggressive growth strategy that saw revenues and earnings increase materially over that period, it said.

Ryko Solutions Inc. is a major North American provider of car wash systems, offering an integrated, end-to-end clean vehicle solution consisting of equipment, chemicals, a national technical services organization and consumer marketing programs. The company's primary focus is creating maximum profitability in car wash operations for gas/convenience stores, private investors, land developers and auto dealers. Based in Grimes, Iowa, the company has been in operation since 1973 and employs approximately 500 people throughout North America.

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