Hunting PLC Directorate Change: CEO Appointment (0862O)

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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: [phone] 
  Richard Hunting, Chairman 
  Ben Willey, Company Secretary 
  Tarryn Riley, Investor 
  Relations 
 Buchanan                         Tel: [phone] 
  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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August 16, 2017 02:00 ET (06:00 GMT)