HOUSTON, Oct. 25 /PRNewswire-FirstCall/ -- Cameron's
(NYSE: CAM) Board of Directors has elected Cameron President and Chief Executive Officer
Jack B. Moore as Chairman of
the Board, effective May 3, 2011, the
date of the Company's next annual shareholder meeting. In
keeping with the Company's established succession plan, Moore will
replace retiring Chairman Sheldon R.
Erikson, who will continue to serve as a director of
Cameron.
Moore, 57, joined Cameron in 1999 and has been president and
chief executive officer since April
2008. Erikson, 69, has been chairman of the board
since 1996 and served as the Company's chief executive officer
until he was succeeded in that position by Moore. Erikson
began his tenure at Cameron as president and chief executive
officer when the Company was created in 1995.
Moore said, "Shel's leadership and guidance have been
fundamental in Cameron's becoming one of the premier oil service
companies in the energy arena. We have benefited greatly from
his experience and knowledge of the Company and our industry, and I
am pleased that he will continue to provide valuable advice and
counsel as a member of our board."
Cameron (NYSE: CAM) is a leading provider of flow equipment
products, systems and services to worldwide oil, gas and process
industries.
Website: www.c-a-m.com
In addition to the historical data contained herein, this
document includes forward-looking statements regarding future
changes in management made in reliance upon the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
The Company's action with respect to planned management
changes could differ from those described in the forward-looking
statements. Such statements are based on current plans and
expectations and are subject to future events and circumstances,
over some of which the Company may have no control.
SOURCE Cameron
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