Robert L. Potter Named President
Douglas J. Pferdehirt Joins as EVP and Chief Operating Officer
"Bob is an experienced and well-respected leader with a deep understanding of our markets and technologies," said Gremp. "He has been integral to our company's success and I look forward to working with him as President of our company to build on our leadership position in the industry."
Potter previously served as Executive Vice President of Energy Systems with responsibility for the Subsea Technologies, Surface Technologies and Energy Infrastructure business segments, in addition to several support functions. He has been with the company since 1973.
Pferdehirt has an extensive background in the oil and gas industry. Before joining
"With the record growth we have in our business, it is important to have talented and experienced leaders managing our operations," said Gremp. "We are fortunate to have Doug join our leadership team as we continue to grow and work with our customers to solve their most difficult challenges."
This leadership change is effective
This release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Known material factors that could cause our actual results to differ from those in the forward-looking statements include the Company's ability to maintain its leadership position or continue its record growth in the business. For additional information regarding known material factors that could cause actual results to differ from projected results, please see the Company's Annual Report on Form 10-K for the year ended
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