CALGARY,
Jan. 15, 2016 /CNW/ - AKITA
Drilling Ltd. ("AKITA" or the "Company") announced today that
Murray Roth, Vice President, Finance
and Chief Financial Officer, has provided AKITA with notification
of his intention to retire on May 13,
2016. Mr. Roth has been the senior financial officer for
AKITA since the Company's formation in 1993. AKITA is also
pleased to announce that Darcy
Reynolds will be appointed Vice President, Finance effective
May 14, 2016.
"Murray's knowledge, strong work ethic and
commitment to excellence have been greatly appreciated over the
years. I am very thankful for his many contributions which
have been invaluable to the organization and the success we have
achieved. I wish him all the best in his pending retirement
and future endeavours," said Karl
Ruud, President and Chief Executive Officer of AKITA.
Darcy Reynolds
joined AKITA in January, 2011 and has been responsible for
increasingly important roles in the Company including being
Corporate Controller, a position that he currently holds.
Previously, he worked for a leading firm of Chartered Accountants
for four years where he served as a senior accountant and as a
senior tax analyst.
"Darcy brings a strong financial background and a
clear understanding of our business drivers," said Mr. Ruud.
"We are pleased to have strong succession candidates in place in
AKITA to allow us to ensure seamless transitions. Darcy's
breadth and depth of experience will ensure we maintain our strong
financial position and focus on excellence."
AKITA is an Alberta corporation engaged in the contract
drilling business in Western
Canada and the North and is listed on the Toronto Stock
Exchange under the symbol AKT.
SOURCE AKITA Drilling Ltd.