Business
Bri-Chem Corp. announces retirement of CEO and appointment of new CEO
TSX Venture Exchange Symbol "BRY" EDMONTON, May 6 /CNW/ - Bri-Chem Corp. ("Bri-Chem") (TSX Ventur...
About this update from Bri-chem Corp.
[{"type":"text","content":"\n\n\n\nTSX Venture Exchange Symbol "BRY"\n\n\nEDMONTON, May 6 /CNW/ - Bri-Chem Corp. ("Bri-Chem") (TSX Venture\nExchange: BRY) a leading Canadian wholesale distributor of industrial drilling\nfluids, steel products and services, today announced that Mr. Alan Campbell,\nChief Executive Officer of Bri-Chem has retired effective April 30, 2009. Mr.\nCampbell will continue to serve as an independent member on the Company's\nBoard of Directors and Audit Committee.\n\n\n"We sincerely thank Mr. Campbell for his contributions to Bri-Chem over\nthe past several years", stated Don Caron, Chairman of Bri-Chem. "In addition,\nwe are fortunate to have Mr. Campbell continue to provide his fifty plus years\nof industry experience to our board of directors."\n\n\nDon Caron, current Chairman of Bri-Chem Corp., will now assume the\nresponsibility of President and Chief Executive Officer. Since January 2007,\nMr. Caron has been actively involved with the daily activities of Bri-Chem has\nbeen instrumental in closing three major acquisitions, securing over $50M of\ncapital and debt financings, and directly participated in numerous corporate\nactivities and investor engagements.\n\n\nAbout Bri-Chem\n\n\nBri-Chem operates out of its head office located in Acheson, Alberta and\nits principal activity is the wholesale/distribution of drilling fluids, steel\nproducts and services to the resource, industrial and construction industries\nin North America.\n\n\nForward Looking Statements\n\n\nCertain statements contained in this press release, including statements\nwhich may contain words such as "could", "should", "expect", "anticipate",\n"believe", "will", and similar expressions and statements relating to matters\nthat are not historical facts are forward looking statements. Such forward\nlooking statements involve known and unknown risks and uncertainties which may\ncause the actual results, performances or achievements of Bri-Chem Corp. to be\nmaterially different from any future results, performances or achievements\nexpressed or implied by such forward looking statements. Such factors include,\nbut are not limited to, fluctuations in oil and gas activity levels, political\nand economic conditions, and the demand for products provided by Bri-Chem\nCor...