Business
CE Franklin Ltd. Appoints New Chief Financial Officer
CE Franklin Ltd. Appoints New Chief Financial Officer.
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[{"type":"text","content":"\n\n\n\nCALGARY, July 12 /CNW/ - CE Franklin Ltd. (TSX.CFT, AMEX.CFK) is pleased\nto announce the appointment of Mark Schweitzer to the position of Vice\nPresident and Chief Financial Officer effective August 13, 2007.\n\n\nMark has held positions including Executive Vice President and Chief\nFinancial Officer, Executive Vice President Corporate Development and CFO, and\nPresident and Chief Operating Officer in energy related businesses.\n\n\nMark is a Chartered Accountant and holds a Bachelor of Commerce Degree.\nHe brings over two decades of financial management and executive leadership\nexperience to the position.\n\n\n"Mark's leadership and business experience will be valuable in helping CE\nFranklin continue to achieve our strategic goals and growth in the coming\nyears," said Michael West, Chairman, President and CEO. "We are excited to\nhave Mark join the CE Franklin team."\n\n\nAbout CE Franklin\n\n\nFor more than half a century, CE Franklin has been a leading supplier of\nproducts and services to the energy industry. CE Franklin distributes pipe,\nvalves, flanges, fittings, production equipment, tubular products and other\ngeneral oilfield supplies to oil and gas producers in Canada. These products\nare distributed through its 42 branches, which are situated in towns and\ncities serving particular oil and gas fields of the western Canadian\nsedimentary basin. In addition, the Company distributes pipe, valves, flanges\nand fittings to the oilsands, refining, heavy oil and petrochemical industries\nand non-oilfield related industries such as the forestry and mining\nindustries.\n\n\nWe serve our customers through an extensive network of branches, managed\ncustomer warehouses and offsite inventory stocking locations. All are\nconnected by state-of-the-art technology that offers our customers an\nefficient supply chain management system.\n\n\nShares of CE Franklin trade on the Toronto Stock Exchange under the\nsymbol "CFT" and on the American Stock Exchange under the symbol "CFK." Smith\nInternational, Inc., the parent company of CE Franklin's North American\npartner Wilson Supply, owns approximately 52% of the Company's outstanding\nshares.\n\n\n","length":2276,"tagName":"div"}]