DSC Dredge Taps Dugan to Succeed Dolan as VP and CFO
Reserve, La. based DSC Dredge announced it has appointed Doy Dugan to succeed Kevin Dolan as vice president and chief financial officer.Dugan is a CPA with an MBA and brings to the role more than 30 years of global financial and operational experience working for both public and private companies. Most recently he served as CFO at Diversified Well Logging and prior to that, he held the CFO position at Advanced Drilling Solutions and Spartan Offshore. Dugan began his career at Falcon Drilling Company…
UKHO Appoints New Non-Executive Chair
Following an open competition, the UKHO is delighted to announce the appointment of Sandra Rogers as our new Non-Executive Chair. Sandra, who has been on the UKHO’s board for more than eight years having joined in July 2002, has been Interim Chair since October 2009 and she takes up her new position for an initial term of three years. She is currently the Director for Inside Sales and Emerging Markets at Cisco and has been in the IT and Telecommunications industries for over 30 years having worked in senior positions for British Telecom, Dell and Hewlett Packard.
Cal Dive Agrees to Acquire Robotics Company
Cal Dive International, Inc. announced that it has agreed to acquire 85 percent of Canyon Offshore, Inc., a supplier of remotely operated vehicles (ROVs) and robotics to the offshore construction and telecommunications industries. Cal Dive would purchase the remaining 15 percent at a price to be determined by Canyon's performance during the years 2002 through 2004. The purchase price from $66 million $74 million is four to five times expected Canyon EBITDA. Hart Scott Rodino filing, is expected to close before year-end. Owen Kratz, chairman and chief executive officer of Cal Dive, said, "Acquiring Canyon will be a vertical integration which flows from the CDI policy of directly controlling all aspects on the critical path of significant projects. John S.
