Halliburton Announces Management Changes

Friday, December 07, 2007
As a further effort to strengthen its operational efficiencies, augment its management and succession development opportunities and maximize its financial performance, Halliburton announced several changes to its executive management team.

Executive Vice President and Chief Operating Officer Andrew Lane will retire effective Dec. 31, 2007. Halliburton will eliminate the COO position, and the Company’s Eastern and Western Hemisphere presidents as well as the Completion and Production, and Drilling and Evaluation Divisions now will report directly to Dave Lesar, Halliburton’s Chairman of the Board, President and Chief Executive Officer.

In addition, the following executive management changes are effective Jan. 1, 2008: * Executive Vice President and Chief Financial Officer C. Christopher (Cris) Gaut will become President of Halliburton’s Drilling and Evaluation Division.

Gaut served as Halliburton’s Executive Vice President and Chief Financial Officer since March 2003. Prior to joining Halliburton, he served as chief financial officer and shared the role of chief operating officer of ENSCO International Incorporated, a leading offshore drilling contractor.

* Senior Vice President and Chief Accounting Officer Mark A. McCollum will become Executive Vice President and Chief Financial Officer. McCollum joined Halliburton in 2003 following executive financial positions with Tenneco Automotive, including the chief financial officer’s role there. He has a bachelor’s degree in business administration from Baylor University.

* Senior Vice President of Halliburton’s Drilling and Evaluation Division Tim Probert will become Executive Vice President of Strategy and Corporate Development. In this new role, Probert will be responsible for leading Halliburton’s technology, mergers and acquisitions, supply chain management, communications, information technology, investor relations, and business development/marketing functions. Probert has widespread experience across the oil services industry. Prior to joining Halliburton, he was president and chief executive officer of Input/Output, Inc., president of Baker Hughes INTEQ, and also president of Eastman Teleco.

“We are excited that Cris, Mark and Tim are expanding their leadership skills and seizing the opportunities to further demonstrate their exceptional performance in operations, financial and executive management,” said Lesar. “These key positions require their experience and dedication to develop these critical components of our future growth.”

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Kings Point Student Earns NMRA Scholarship

The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades.

Fourth Rig Delivered to Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.

Stena Bulk Joins World Ocean Council

Stena Bulk reports it is the first Swedish shipping company to join the World Ocean Council (WOC), a global organization that converges a diverse range of maritime

 
 
Maritime Security Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1347 sec (7 req/sec)