TGS Announces Planned Leadership Change
(Thomson Reuters ONE) -
ASKER, NORWAY (17 December 2014) - The Board of TGS is pleased to announce the
appointment of Kristian Johansen to the newly created role of Chief Operating
Officer (COO), effective 1 February 2015.
Kristian joined TGS in 2010 as Chief Financial Officer. Prior to joining TGS,
Kristian was the Executive Vice President and CFO of EDB Business Partner in
Oslo, one of the largest IT groups in the Nordic region. Mr. Johansen also has
experience in the construction, banking and oil industries. A native of Norway,
Kristian earned his undergraduate and Master's degrees in business
administration from the University of New Mexico in 1998 and 1999.
"I am excited to see Kristian take this new role for TGS", stated Robert Hobbs,
TGS Chief Executive Officer. "As we have grown to be one of the largest
geoscience data companies in the world, Kristian has served an important role in
assuring that our Company has appropriate financial controls and processes. He
will now take the lead in assuring that we continue to grow the highest quality
data library in the industry. This new appointment will allow me to focus on
long-term strategic development of the Company in my capacity as CEO".
Kristian will hold the dual role of COO/CFO until a new CFO is appointed.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil
and gas Exploration and Production companies worldwide. In addition to
extensive global geophysical and geological data libraries that include multi-
client seismic data, magnetic and gravity data, digital well logs, production
data and directional surveys, TGS also offers advanced processing and imaging
services, interpretation products, permanent reservoir monitoring and data
integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict, and are based upon
assumptions as to future events that may not prove accurate. These factors
include TGS' reliance on a cyclical industry and principal customers, TGS'
ability to continue to expand markets for licensing of data, and TGS' ability to
acquire and process data products at costs commensurate with profitability.
Actual results may differ materially from those expected or projected in the
forward-looking statements. TGS undertakes no responsibility or obligation to
update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange
(OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter
market under the symbol "TGSGY".
For additional information about this press release please contact:
Kristian Johansen
Chief Financial Officer
Cell: +47 47 60 33 34
Email: kristian.johansen(at)tgs.com
Will Ashby
Director Finance Western Hemisphere & Investor Relations
Tel: +1 713 860 2184
Email: will.ashby(at)tgs.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: TGS via GlobeNewswire
[HUG#1880458]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 17.12.2014 - 07:50 Uhr
Sprache: Deutsch
News-ID 360016
Anzahl Zeichen: 4244
contact information:
Town:
Asker
Kategorie:
Business News
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