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Calfrac Announces CEO Retirement and New Senior Management Appointments
Calfrac Announces CEO Retirement and New Senior Management Appointments Canada New...
About this update from Calfrac Well Services Ltd.
[{"type":"text","content":"\n\n\n\nCalfrac Announces CEO Retirement and New Senior Management Appointments\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, June 10, 2019\n\n\n\nCALGARY, June 10, 2019 /CNW/ - Calfrac Well Services Ltd. (\"Calfrac\" or the \"Company\") (TSX-CFW) announced today that Fernando Aguilar, Calfrac's President and Chief Executive Officer, will be retiring from the Company.  \nRonald P. Mathison, one of Calfrac's founders and the Chairman of Calfrac's Board of Directors, has been appointed Executive Chairman. In this role, Mr. Mathison will take on additional responsibilities, and will continue to work closely with Calfrac's leadership team. In light of this expanded role, Greg Fletcher has been appointed to serve as Calfrac's independent Lead Director.\nIn addition, Lindsay Link, Calfrac's Chief Operating Officer, has been promoted to President and Chief Operating Officer, and was appointed to Calfrac's Board of Directors.  Mr. Link has been with Calfrac since February of 2013 and, among other things, he has been instrumental in the growth of Calfrac's U.S. business. Mr. Link has more than 30 years of experience in the North American and International oil and gas services industry. He holds a B.Sc. in Mechanical Engineering and an MBA in Finance from the University of Calgary. Prior to joining Calfrac, Mr. Link previously held senior management positions at Baker Hughes and BJ Services.\n\"On behalf of the Board and all Calfrac employees, I would like to thank Fernando for his significant contributions to Calfrac over the past 11 years, and wish him all the best in the future\", commented Mr. Mathison. He continued: \"I look forward to working more closely with Lindsay and the entire Calfrac team\". \nCalfrac's common shares are publicly traded on the Toronto Stock Exchange under the trading symbol \"CFW\".  Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells drilled throughout western Canada, the United States, Argentina and Russia.\n...