Wharton School News

Gilmore, a U.S.-based flow control solutions provider for the oil and gas industry, has appointed David Nemetz as its new Chief Executive Officer (CEO).The company is a subsidiary of Aberdeen-headquartered Proserv and provides flow control products and equipment for the drilling, downhole, production, and wider industrial sectors.Gilmore said that under Nemetz, who has 25 years' experience in the energy industry, it would actively pursue appropriate business acquisitions that…

Please describe your professional background and what attracted you to your current position.In June 2020, I was named president and chief executive officer of Halter Marine. I had been retired around six years. My wife and I bought a piece of property outside of Brookhaven, Miss., and we were enjoying retired life split between our country property and our home in Gautier, Miss. Earlier this year, I was asked if I would consider a consulting role for Halter Marine, which led…

ST Engineering North America, Inc. announced Monday that Robert "Bob" L. Merchent has been named President and CEO of VT Halter Marine, Inc. He replaces outgoing President and CEO, Ron Baczkowski.Much of Merchent's career was spent at Ingalls Shipbuilding, where he advanced through multiple positions of ever-increasing responsibility, leading programs critical to both the business and the U.S. Navy, culminating his career there as the Vice President, Surface Combatants, Fleet Services and U.S.

Crowley Maritime Corp. has announced the promotion of Tiffanny King and Jeannie Stewart to the positions of vice president of People Services. While each has different areas of focus, both will ultimately support Crowley’s mission of ensuring high-performance and employee development across the company. King and Stewart report to Carl Fox, senior vice president, corporate services, in Jacksonville, where all are based.In her new position, King has responsibility for human resources, compensation and employee health and well being.

Stolt-Nielsen Limited announced Jens F. Grüner-Hegge has been appointed as its new Chief Financial Officer, effective from April 2, 2018. Grüner-Hegge, who has served as Vice President, Corporate Finance since 2007, succeeds longtime CFO Jan Chr. Engelhardtsen, who will retire from his executive role and has been appointed to fill a vacancy on the company’s board of directors. With the addition of Engelhardtsen as a director, the SNL Board now has seven members, four of which are independent.

Knowledge@Wharton, the Wharton School of the University of Pennsylvania journal, says that the transformation Panama Canal expansion project will bring to Panama’s domestic economy and society have been largely overshadowed by the historic expansion. With the opening of the long-awaited Panama project this June, all eyes are on the impact the $5.25 billion engineering marvel will have on maritime traffic across the vital international lanes that link the Pacific, the Atlantic and the Gulf of Mexico. The expansion has already bolstered Panama’s efforts to become the Singapore – or perhaps Dubai – of Central America. It also promises to help to transform the role that Panama is playing for many U.S. and other foreign firms that are doing business in Central and South America.

Akastor ASA announced that its Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Mr. Røkke will succeed Frank O. Reite, who will take the position of Chief Financial Officer at Aker ASA. Kristian Røkke, who is currently Chairman of Aker Philadelphia Shipyard ASA (AKPS), a leading U.S. commercial shipyard, and previously President & CEO of AKPS, will assume his new position in Akastor ASA on August 10, 2015. Aker ASA will propose to the nomination committee of Akastor ASA that Frank O. Reite takes the position as Chairman of the Board of Akastor ASA later this year. "I am very pleased that Kristian has accepted the position at the helm of Akastor.

The Port of Los Angeles has appointed Marla Bleavins as its Chief Financial Officer. Bleavins will oversee the port’s financial affairs, which include accounting, financial management, debt and treasury, risk management and audit functions. She will manage approximately 60 employees and report to Molly Campbell, Deputy Executive Director of Finance and Administration. Bleavins replaces Karl Pan, who retired last week after 11 years with the City of Los Angeles, including the last six years at the port.

MOL Liner Ltd. has announced that Richard “Dick” Craig has been promoted to President and CEO of MOL (America) Inc. effective June 24, 2014. He has 34 years of experience in the container shipping industry including over 11 years with MOL. MOL Liner Ltd.’s President & Chief Executive Officer Toshiya Konishi said, “Dick was instrumental in bringing MOL (America) Inc. up to one of the most efficient and productive organizations within MOL Liner in the last 10-plus years. Craig, currently the executive vice president, sales and operations of MOL (America) Inc., joined MOL (America) Inc.

MOL (America) Inc. issued a release announcing several changes to its North American sales management, including the promotion of Richard Craig to the position of executive vice president, sales and operations. Additionally, Richard Jung, who currently assistant vice president of sales, central region, has been appointed to assume the duties of vice president of sales in replacing Dennis Sheehan, vice president of sales, who has decided to leave MOL (America) Inc. to pursue other opportunities.

Huntington Ingalls Industries (HII) announced today that Irwin F. Edenzon will retire on Dec. 1, 2014. Edenzon is currently corporate vice president and president of Ingalls Shipbuilding, a division of Huntington Ingalls Industries. Although Edenzon will not officially retire until December 2014, he will step down as president on March 31, 2014, and the HII Board of Directors has elected Brian Cuccias to succeed Edenzon in the position of corporate vice president and president of Ingalls Shipbuilding, effective April 1, 2014.

Board to expand to eleven from eight; seven New Board Members Join Four Existing Directors; Four Directors Retire. Horizon Lines, a domestic ocean shipping company, today announced that it will expand its Board of Directors to 11 members from eight, effective November 25, 2011. In conjunction with the expansion, seven new directors will be appointed and four of the existing eight directors will retire. • Jeffrey A. Brodsky, Kurt M. Cellar, Carol B. Hallett, James LaChance, Steven L. Rubin, Martin Tuchman and David N. Weinstein will join the board as independent directors.

Transocean Ltd. has appointed Rob Shaw to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H. Rosa, the company’s Senior Vice President and Chief Financial Officer, will serve as interim Principal Accounting Officer. Herrin has served as the company’s Vice President of Internal Audit since 2007, but will not act in that capacity during the period that he serves as interim Vice President and Controller. Shaw, age 48, has served as Vice President and Treasurer since joining the company in July 2010. Previously, Shaw served as Head of Corporate Finance and Treasury at Air Liquide, based in Paris France.

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Rob Shaw has been appointed to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Mr. Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H. Rosa, the company’s Senior Vice President and Chief Financial Officer, will serve as interim Principal Accounting Officer. Mr. Herrin has served as the company’s Vice President of Internal Audit since 2007, but will not act in that capacity during the period that he serves as interim Vice President and Controller. Mr. Shaw, age 48, has served as Vice President and Treasurer since joining the company in July 2010. Previously, Mr.

Crowley announced the promotion of Eric Evans and Tony Otero each to the role of vice president, finance & planning, supporting several different business groups. In his new position Eric Evans will support Crowley's technical services, petroleum services, Alaska petroleum distribution and marine contract services business groups. His responsibilities include accounting, contract administration, budgeting, forecasting, analysis, and strategic planning for these business units, which encompass more than $1b in annual revenues and locations on five continents.

Following a unanimous board decision, the International SeaKeepers Society welcomed Dean C. Klevan as its new President and CEO. Klevan joins SeaKeepers following a distinguished career in the financial services industry. Most recently, he was the President of the Coral Gables Trust Company, an institution he helped to found. Klevan also served in senior positions with Morgan Stanley, Merrill Lynch, and Citicorp in the United States and abroad. He brings a business perspective to the challenges faced by a not-for-profit in today’s weakened economic environment.

Tidewater (NYSE: TDW) announced the election of Joseph H. Netherland to its Board of Directors for a term expiring in July 2009. Mr. Netherland served as Chairman of the Board of FMC Technologies from December 2001 until his retirement in October 2008. Mr. Netherland also served as Chief Executive Officer of FMC Technologies from 2001 to March 2007, when he retired as an executive officer of the company. Mr. Netherland was President of FMC Technologies from 2001 to February 2006. Previously, Mr. Netherland served as a director of FMC Corporation from 1998 to 2001 and as Executive Vice President of FMC Corporation from 1998 until his appointment as President. Mr. Netherland was the General Manager of FMC Corporation’s Energy and Transportation Group from 1992 to 2001. Mr.

Northrop Grumman Corporation announced that its board of directors has elected Ronald D. Grumman's next chairman of the board. Effective Oct. officer and president. chairman since 1990, will retire on that date. 2003 as president and chief executive officer. boards," said Sugar. Grumman in September 2001 and its chief executive officer in April 2003. has served as a member of the Northrop Grumman board of directors since 2001. Industries, a company acquired by Northrop Grumman in April 2001. Information Systems and a member of the chief executive office of TRW Inc. global automotive electronics business. scientific, and commercial space and electronics programs. Aircraft Co., Argosystems Inc. and The Aerospace Corporation. (1969) and doctoral degrees (1971) in the same field.

Northrop Grumman Corporation has announced several organizational changes and associated executive-level appointments within its Electronic Systems sector. These changes will better position the sector for future business opportunities. “This reorganization will enable us to better focus sector resources on targeted business growth areas, while maximizing the use of executive leadership strengths, especially in such areas as military intelligence, space sensors, naval and marine systems and process and program management,” said Robert P. Iorizzo, president of the Electronic Systems sector. • George W. • Taylor W. • John V. • Robert W. • James L. • John C. • Charles J. • Thomas F. Kline, sector director, Quality Assurance. George W.