Civeo Corporation Announces Appointment of New Board Member
March 22 2017 - 06:00AM
Civeo Corporation (NYSE:CVEO) announced today the appointment of
Timothy O. Wall to Civeo’s Board of Directors, effective
immediately. Mr. Wall previously held a variety of senior positions
at Apache Corporation. He brings a depth of industry, advisory and
leadership experience to Civeo's board. Mr. Wall will serve
on Civeo’s Nominating & Corporate Governance and Finance &
Investment Committees.
Douglas E. Swanson, chairman of the Civeo Board of
Directors, stated, "The addition of Tim’s extensive energy
experience to our already deeply experienced board will be a
tremendous asset to our company and its shareholders.
Tim has experience in all the geographic markets Civeo serves.”
With the addition of Mr. Wall, Civeo’s Board of Directors will
consist of eight members.
Biographical Information on New
Director
Timothy O. Wall served as the President of Kitimat
LNG Upstream Operations, a division of Apache Canada Ltd., from
March 2013 until June 2015. He previously served as the President
of Apache Canada from May 2009 to March 2013 and as Managing
Director and Regional Vice President, Australia of Apache
Corporation from August 2005 to May 2009. From 1990 until August
2005, Mr. Wall served in various other positions within Apache
Corporation. Mr. Wall currently provides advisory services to the
energy industry. Mr. Wall has been a member of the board for
several industry organizations, including the Canadian Association
of Petroleum Producers, Australian Petroleum Production and
Exploration Association and the Australian Minerals and Mines
Association. Mr. Wall received his B.S. in Petroleum Engineering
from Texas A&M University.
About Civeo
Civeo Corporation is a leading provider of
workforce accommodations, with prominent market positions in the
Canadian oil sands and the Australian natural resource regions.
Civeo offers comprehensive solutions for housing hundreds or
thousands of workers, with its long-term and temporary
accommodations solutions, and provides catering, facility
management, water systems and logistics services. Civeo currently
owns a total of 19 lodges and villages in operation in Canada and
Australia, with an aggregate of more than 23,000 rooms. Civeo is
publicly traded under the symbol CVEO on the New York Stock
Exchange. For more information, please visit Civeo's website at
www.civeo.com.
Contacts:
Frank C. Steininger
Civeo Corporation
Senior Vice President and Chief Financial Officer
713-510-2400
Marc Cunningham
Jeffrey Spittel
FTI Consulting
713-353-5407
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