Hunting PLC Directorate Change: CEO Appointment (0862O)
August 16 2017 - 2:00AM
UK Regulatory
TIDMHTG
RNS Number : 0862O
Hunting PLC
16 August 2017
For Immediate Release 16 August 2017
Hunting PLC
("Hunting" or the "Company" or the "Group")
Appointment of Chief Executive
Hunting PLC (LSE:HTG) is pleased to announce the promotion and
appointment of Arthur James ("Jim") Johnson as Chief Executive with
effect from 1 September 2017. Jim will succeed Dennis Proctor who
will retire as Chief Executive and as a Director of Hunting on the
same date.
Jim joined Hunting in 1992 and is currently the Group's Chief
Operating Officer, a role which he has occupied since 2011. As part
of his responsibilities, he has managed the day-to-day running of
Hunting's global operations, with regional managers in Africa, Asia
Pacific, Europe, Middle East and North America reporting directly
to him on all matters.
Jim has held a number of senior positions within Hunting and
between 2000 to 2011 he held the position of Managing Director of
US operations. During this time, he was instrumental in the
development of Hunting's product offering and service
capabilities.
Jim is a US citizen, and will be based in Houston, Texas,
USA.
Commenting on the appointment, Richard Hunting Chairman of
Hunting PLC, said
"We are delighted to appoint Jim as Chief Executive of Hunting.
His unique knowledge of the Group's global operations, close
relationships with our key customers and commitment to Hunting over
many years made him the ideal candidate to take the Company
forward.
"The Nomination Committee considered internal and external
candidates from the global energy manufacturing and service
industries and firmly believes that the right choice has been made
in what has been a thorough process."
Further, Jim Johnson, Chief Executive designate, said:
"Hunting is a fantastic Company with excellent products, a
highly skilled and loyal workforce and a strong reputation of
quality and service within the energy industry. I look forward to
the challenge of taking the Group through its next phase of growth,
building on the foundation laid by Dennis over many years."
There are no disclosures required under Listing Rule 9.6.13 of
the Listing Rules of the Financial Conduct Authority.
The Group's Interim Results for the six months ended 30 June
2017 remain scheduled for release on Thursday 24 August 2017.
This announcement contains inside information. The person
responsible for arranging the release of this announcement on
behalf of the Company is Ben Willey, Company Secretary.
For further information please contact:
Hunting PLC Tel: +44 (0) 20 7321 0123
Richard Hunting, Chairman
Ben Willey, Company Secretary
Tarryn Riley, Investor
Relations
Buchanan Tel: +44 (0) 20 7466 5000
Richard Darby
Chris Judd
Madeleine Seacombe
Notes to Editors:
About Hunting PLC
Hunting PLC is an international energy services provider to the
world's leading upstream oil and gas companies. Established in
1874, it is a premium listed public company traded on the London
Stock Exchange. The Company maintains a corporate office in Houston
and is headquartered in London. As well as the United Kingdom, the
Company has operations in Canada, China, Indonesia, Kenya, Mexico,
Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United
Arab Emirates and the United States of America.
Hunting PLC's Legal Entity Identifier is
2138008S5FL78ITZRN66
This information is provided by RNS
The company news service from the London Stock Exchange
END
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