Business
High Arctic Announces Executive Appointments
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About this update from High Arctic Energy Services Inc
[{"type":"text","content":"\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/\n\n\n\nCALGARY, June 13, 2014 /CNW/ - High Arctic Energy Services Inc. (TSX: HWO) (\"High Arctic\" or the \"Company\") is pleased to announce the planned addition of two new executives.  Mr. Tim Braun has agreed to join High Arctic as Chief Executive Officer effective on July 2, 2014.  Tim has spent 33 years in the oilfield services sector primarily with several large drilling contractors.  Most recently, he spent eight years as a senior executive with an international drilling contractor, Saxon Energy Services, in several capacities including Chief Operating Officer.  Prior thereto, he spent over 10 years with Precision Drilling Corporation. With his extensive background in international oilfield services, Tim brings valuable experience to High Arctic as it grows its international operations and seeks to expand its Canadian services.  Tim will be based in the Calgary office.   \n\nMr. Darren Greer has also agreed to join High Arctic with an expected start date in September.  Darren will take over the role of President, International and will have overall responsibility for the business in Papua New Guinea and for developing additional regional business opportunities.  Darren will be based in the newly established Brisbane office.  Darren is a professional engineer and spent twelve years in senior petroleum and drilling engineering roles, primarily with a major Australian oil company.  For the past four years, he has been an executive with Easternwell, an Australia oilfield services contractor, most recently as Chief Operating Officer.   His extensive knowledge of the business from an operator perspective will be valuable in delivering solutions to our customers.\n\nWith the appointment of Mr. Braun, Dennis Sykora will step down from the role of Interim Chief Executive Officer.  He will continue as a member of the Board of Directors and will provide support as a member of its Executive Committee.  \n\nWith the appointment of Darren, Kevin Doran, the current President, International, is expected to transition into retirement. Mike Maguire, Vice President International O...