Business
Precision Drilling Corporation Announces the Appointment of Carey Ford as President and Chief Executive Officer and the Retirement of Kevin Neveu
CALGARY, Alberta, Oct. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the Board ) of Pr...
About this update from Precision Drilling Corporation
[{"type":"text","content":"Precision Drilling Corporation Announces the Appointment of Carey Ford as President and Chief Executive Officer and the Retirement of Kevin Neveu\n\n\n\n CALGARY, Alberta, Oct. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the\n \n Board\n \n ) of Precision Drilling Corporation (\n \n Precision\n \n ) announced today that, as part of its long-standing succession plan, Mr. Carey Ford has been appointed as President and Chief Executive Officer and as a member of the Board. He succeeds Kevin Neveu, who has retired after serving as President and Chief Executive Officer and as a member of the Board since 2007.\n \n\n Mr. Ford joined Precision in 2011 and has served as Chief Financial Officer since 2016, guiding the company’s financial strategy and strengthening investor confidence through several industry cycles. He has also led all finance, capital markets, and corporate development activities and multiple operational support functions during his time as Chief Financial Officer, giving him a deep understanding of Precision’s business and its global operations.\n \n\n “Stepping into the President and Chief Executive Officer role is a privilege and carries a responsibility that I enthusiastically embrace. Precision is a world-class organization with the industry’s best people, all of whom are dedicated to serving our customers and operating safely, a team I am proud to lead. I am grateful to the Board for their confidence in me and am excited to guide our organization into its next phase of growth,” said Mr. Ford.\n \n\n The Board also announced two key leadership appointments. Gene Stahl has been appointed Chief Operating Officer, bringing more than 28 years of experience with the company, including leadership in marketing and North American drilling operations, and representing Precision by serving in senior leadership positions in prominent energy industry associations. Dustin Honing has been named Chief Financial Officer after nearly 15 years with Precision, where he advanced through accounting, finance, operational support, and investor relations roles, most recently serving as Vice President, Operations Finance.\n \n\n “The Board is pleased to appoint Mr. Ford as President and Chief Executive Officer and has full confidence in his proven leadership. Supported by a strong senior le...