Cooper Cameron to Restructure Cameron Division
July 22 2005 - 9:30AM
PR Newswire (US)
Cooper Cameron to Restructure Cameron Division - Presidents Named
to Head Global Business Units - Moore Named Senior Vice President
of Cooper Cameron HOUSTON, July 22 /PRNewswire-FirstCall/ -- Cooper
Cameron Corporation (NYSE:CAM) is restructuring its Cameron
division, effective October 1, 2005. Jack B. Moore, president of
the Cameron division, will also be named as a senior vice president
of Cooper Cameron Corporation. The following officers will report
directly to Moore and will head their respective business units: *
Harold E. Conway, Jr., president, Drilling Systems; * Gary M.
Halverson, president, Surface Systems; * Hal J. Goldie, president,
Subsea Systems; and * Britt O. Schmidt, vice president and general
manager, Chokes and Actuators. Also, the following will continue to
report to Moore: * Steven P. Beatty, vice president, Finance; *
Edward E. Will, vice president, Marketing; * S. Joe Vinson, vice
president, Human Resources. Cooper Cameron Chairman, President and
Chief Executive Officer Sheldon R. Erikson said that the new
organization will allow the Company to better address specific
market opportunities. "Each of these business units will have
global responsibility for all customers using its products and
services," Erikson said. "We believe this will sharpen our focus on
specific customer requirements, support a more rapid pace of
development of new products and services in response to customers'
needs and provide additional growth opportunities on a global
basis." Cooper Cameron Corporation is a leading international
manufacturer of oil and gas pressure control equipment, including
valves, wellheads, controls, chokes, blowout preventers and
assembled systems for oil and gas drilling, production and
transmission used in onshore, offshore and subsea applications, and
provides oil and gas separation, metering and flow measurement
equipment. Cooper Cameron is also a leading manufacturer of
centrifugal air compressors, integral and separable gas compressors
and turbochargers. Website: http://www.coopercameron.com/
DATASOURCE: Cooper Cameron Corporation CONTACT: R. Scott Amann,
Vice President, Investor Relations of Cooper Cameron Corporation,
+1-713-513-3344 Web site: http://www.coopercameron.com/
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