Business
Pason Names Marcel Kessler President and CEO
CALGARY, Sept. 6, 2011 /CNW/ - Pason Systems Inc.'s Board of Directors today announced, as en...
About this update from Pason Systems Inc.
[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Sept. 6, 2011 /CNW/ - Pason Systems Inc.'s Board of Directors\n today announced, as envisioned by the Company's management succession\n plan, the appointment of Marcel Kessler as President and Chief\n Executive Officer.  Marcel will succeed James D. Hill, who will remain\n Chairman of the Board of Directors. The appointment will take effect on\n December 1, 2011.\n\n\nMarcel is an experienced and talented executive with a unique blend of\n management and leadership experience. As a Partner with McKinsey and\n Company, he worked directly with CEO's and the top team of various\n companies on longer term engagements ranging from organizational\n transformation to post merger management. Subsequent to his\n distinguished career with McKinsey, Marcel joined CCR Technologies\n where, in a very short time, he was appointed as President and Chief\n Executive Officer. More recently, Marcel was President, North America\n with Exploration Logistics Group.\n\n\n\"This transition is a natural and regular occurrence as companies grow\n from a startup to a mature entity that still has plans for growth. I am\n excited to have Marcel with us at Pason and look forward to working\n with him as we continue to build our company\", said Jim Hill, founder\n and current Chairman, President and CEO.\n\n\nMarcel's appointment followed an extensive search within and outside the\n service company sector of the energy industry with the assistance of\n Egon Zehnder International, a leading global executive search firm.\n\n\nPason Systems Inc. \nPason Systems Inc. is a leading provider of instrumentation systems to\n land-based and offshore drilling rigs worldwide. The company's rental\n solutions, which include data acquisition, wellsite reporting, remote\n communications, and web-based information management, maximize rig\n uptime, improve work efficiency, and minimize operating costs. Pason's\n common shares trade on the Toronto Stock Exchange under the symbol PSI.\n\n\nCertain information regarding the Company contained herein may\n constitute forward-looking information under applicable securities\n law.  Forward-looking statements in this document include statements\n regarding the appointment of a new President and CEOand the plans and\n expectations for growth .  These forward-looking statements are based\n upon var...