Weatherford Announces Management Change; Bruce Longaker, Jr. Named New CFO
HOUSTON, March 2 /PRNewswire/ -- Weatherford International, Inc. (NYSE: WFT) has announced that Bruce F. Longaker, Jr. will be joining the company as Chief Financial Officer and Senior Vice President. Most recently, Longaker held the position of Vice President, Finance and Corporate Controller for Schlumberger's Camco division.
Longaker will be replacing James G. Kiley, Weatherford's former Chief Financial Officer and Senior Vice President, who has elected to leave the company for personal reasons.
"Jim Kiley's leadership and capital markets acumen have been instrumental to our success and growth. We wish him well in his new endeavors," said Bernard J. Duroc-Danner, Weatherford's Chairman and Chief Executive Officer. "We are very fortunate that someone of Bruce Longaker's caliber, who has more than 20 years of experience in the oil field industry, is joining our senior management team."
In addition to his tenure with Schlumberger, Longaker served as the vice president of finance and chief accounting officer for Camco International, Inc. He began his career in the energy industry with Baker International.
Houston-based Weatherford International, Inc. is one of the world's largest providers of engineered products and specialized services to the drilling, completion and production sectors of the global oil and gas industry.
SOURCE Weatherford International, Inc.
CO: Weatherford International, Inc.
ST: Texas
IN: OIL
SU: PER
03/02/99 08:30 EST prnewswire.com |
