Published:
Global Industries Names Jeffrey B. Levos as New Chief Financial Officer
Global Industries Names Jeffrey B. Levos as New Chief Financial Officer
CARLYSS, La., May 15 /PRNewswire-FirstCall/ -- Global Industries, Ltd.
(Nasdaq: GLBL) ("Global") today announced that Jeffrey B. Levos has been named
Senior Vice President and Chief Financial Officer of the Company effective May
27, 2008. In his new role, Mr. Levos will be responsible for financial
reporting, accounting, tax, treasury, and investor relations and will report
to Peter Atkinson, President of Global.
Mr. Levos joins Global after eight (8) years at Cooper Industries, Ltd.
where he served in several financial roles, most recently as Vice President,
Finance & Chief Accounting Officer. Previously, Mr. Levos held financial
executive roles with The Coastal Corporation and the accounting firm of
Deloitte & Touche. He is a graduate of Westminster College and has completed
the Harvard Advanced Management Program and is a Certified Public Accountant
in theState of Texas.
"Jeff Levos brings broad financial and accounting expertise to Global.
His extensive experience in leading financial operations in a multi-national
company will be of significant assistance to Global in our efforts to expand
operations in new and emerging oil and gas markets across the world," said
B.K. Chin, Chairman and Chief Executive Officer of the Company. "The addition
of Mr. Levos further strengthens our management team and will permit Peter
Atkinson to focus his attentions as President on implementation of our
strategic plan and ongoing process improvements consistent with our goal of
achieving operational excellence across Global."
Global Industries, Ltd. is a leading offshore solutions provider of
offshore construction, engineering, project management and support services
including pipeline construction, platform installation and removal,
deepwater/SURF installations, IRM, and diving to the oil and gas industry
worldwide. The Company's shares are traded on the NASDAQ Global Select Market
under the symbol "GLBL".
This press release may contain forward-looking information based on
current information and expectations of the Company that involve a number of
risks, uncertainties, and assumptions. Among the factors that could cause the
actual results to differ materially are industry conditions, prices of crude
oil and natural gas, the Company's ability to obtain and the timing of new
projects, and changes in competitive factors. Should one or more of these
risks or uncertainties materialize, or should the underlying assumptions prove
incorrect, actual outcomes could vary materially from those indicated.
SOURCE Global Industries, Ltd.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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