HOUSTON, Nov. 20, 2015 /PRNewswire/ -- Tesco
Corporation (NASDAQ: TESO) announced today that Mihial "Dean"
Ferris, the Company's General Counsel, Senior Vice President, and
Corporate Secretary, separated from the Company on good terms
on November 16, 2015 as consequence
of ongoing cost reduction exercises among senior management.
Following a period as a consultant to the Company, Mr. Ferris
intends to pursue global financial leadership and philanthropic
roles. Mr. Ferris served the Company for six years after previous
senior leadership roles with the Dubai Financial Investment Centre
and Schlumberger Ltd. "On behalf of management, I would like to
recognize Dean's leadership, the benefits his years of oilfield
experience brought to the Company, and wish him well on his future
endeavors," said Fernando Assing,
the Company's President and Chief Executive Officer. In response,
Mr. Ferris commented "I want to acknowledge the tremendous growth,
both professional and personal, which these years at Tesco afforded
me in preparation for my next challenges. I wish Tesco all the best
in this parting."
ABOUT TESCO CORPORATION
Tesco Corporation is a global leader in the design, manufacture
and service of technology-based solutions for the upstream energy
industry. The Company seeks to change the way people drill
wells by delivering safer and more efficient solutions that add
real value by reducing the costs of drilling for and producing oil
and gas.
For more information please
contact:
Chris L. Boone –
Chief Financial Officer
(713) 359-7000
Tesco Corporation
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SOURCE Tesco Corporation