For Immediate Release |
16 August 2017 |
Hunting PLC
("Hunting" or the "Company" or the "Group")
Appointment of Chief Executive
Hunting PLC (LSE:HTG) is pleased to announce the promotion and appointment of Arthur James ("Jim") Johnson as Chief Executive with effect from 1 September 2017. Jim will succeed Dennis Proctor who will retire as Chief Executive and as a Director of Hunting on the same date.
Jim joined Hunting in 1992 and is currently the Group's Chief Operating Officer, a role which he has occupied since 2011. As part of his responsibilities, he has managed the day-to-day running of Hunting's global operations, with regional managers in Africa, Asia Pacific, Europe, Middle East and North America reporting directly to him on all matters.
Jim has held a number of senior positions within Hunting and between 2000 to 2011 he held the position of Managing Director of US operations. During this time, he was instrumental in the development of Hunting's product offering and service capabilities.
Jim is a US citizen, and will be based in Houston, Texas, USA.
Commenting on the appointment, Richard Hunting Chairman of Hunting PLC, said
"We are delighted to appoint Jim as Chief Executive of Hunting. His unique knowledge of the Group's global operations, close relationships with our key customers and commitment to Hunting over many years made him the ideal candidate to take the Company forward.
"The Nomination Committee considered internal and external candidates from the global energy manufacturing and service industries and firmly believes that the right choice has been made in what has been a thorough process."
Further, Jim Johnson, Chief Executive designate, said:
"Hunting is a fantastic Company with excellent products, a highly skilled and loyal workforce and a strong reputation of quality and service within the energy industry. I look forward to the challenge of taking the Group through its next phase of growth, building on the foundation laid by Dennis over many years."
There are no disclosures required under Listing Rule 9.6.13 of the Listing Rules of the Financial Conduct Authority.
The Group's Interim Results for the six months ended 30 June 2017 remain scheduled for release on Thursday 24 August 2017.
This announcement contains inside information. The person responsible for arranging the release of this announcement on behalf of the Company is Ben Willey, Company Secretary.
For further information please contact:
Hunting PLC Richard Hunting, Chairman Ben Willey, Company Secretary Tarryn Riley, Investor Relations |
Tel: +44 (0) 20 7321 0123 |
Buchanan Richard Darby Chris Judd Madeleine Seacombe |
Tel: +44 (0) 20 7466 5000 |
Notes to Editors:
About Hunting PLC
Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in Canada, China, Indonesia, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.
Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66
