Foraco announces departure of Chief Operating Officer

About this update from Foraco International Sa

[{"type":"text","content":"\n\n\nTORONTO, ON AND MARSEILLES, France, Oct. 9, 2013 /CNW/ - Foraco\n International SA (TSX: FAR) (the \"Company\" or \"Foraco\"), a leading global provider of diversified\n drilling services, announced today the departure of Chief Operating\n Officer (\"COO\") Claude Durocher to pursue other opportunities outside\n Foraco effective tomorrow, Thursday October 10, 2013.\n\n\nThe company created this position in March 2012.\n\n\n\"During this short period of time Claude has brought a lot to Foraco and\n we regret his departure, but the ongoing unfavorable economic\n conditions have forced us to reconsider our development and succession\n plans,\" says Jean-Pierre Charmensat, Vice-CEO and CFO of Foraco.\n\n\nCommenting on today's announcement, Daniel Simoncini, Foraco's Chairman\n and CEO, added: \"During the year and a half that Claude spent with us\n we appreciated his professionalism and expertise in business systems.\n We wish Claude well in the next stages of his career. Jean-Pierre and I\n will concentrate our energy on the daily business, and on\n re-establishing Foraco on a sustainable profitable level.\"\n\n\nAbout Foraco International SA \n\n\nForaco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a\n comprehensive and reliable service offering in mining and water\n projects. Supported by its founding values of integrity, innovation and\n involvement, Foraco has grown into the third largest global drilling\n enterprise with a presence in 23 countries across five continents. For\n more information about Foraco, visit www.foraco.com.\n\nSOURCE Foraco International SA\n\n Sonia Tercas, Manager, Investor Relations Email: [email protected] Tel: (647) 351-5483 Copyright CNW Group 2013","length":2677,"tagName":"div"}]

More updates from Foraco International Sa