EDMONTON, June 13, 2014 /CNW/ - McCoy Corporation ("McCoy", "McCoy Global" or "the Corporation") (TSX:MCB; OTCQX:MCCRF),
a provider of innovative products and services for the global energy
industry, today announced that Kerry Brown has stepped down as Chairman
of the Board of Directors and that it has appointed Chris Seaver as its
new Chairman, effective immediately.
"Mr. Seaver has imparted valuable industry knowledge and demonstrated
strong leadership skills since joining McCoy's Board of Directors more
than three years ago," said Jim Rakievich, President and CEO of McCoy.
"Mr. Seaver's appointment to role of Chairman is fitting as McCoy
transitions to a pure play provider of innovative products and services
for the global energy. McCoy will benefit from his experience and
leadership as we continue to execute on our international expansion
strategy and bring advanced tubular products to market."
Mr. Seaver was the President and Chief Executive Officer of Hydril
Company, an oil service company which specialized in premium
connections for casing and tubing, blowout preventers and related
equipment, from 1993 to 2007 and 1997 to 2007, respectively. Residing
in Calgary, Alberta, he is also a director of Oil States International,
Inc. and Exterran Holdings, Inc., both NYSE-listed companies based out
of Houston, Texas. Mr. Seaver holds a Master of Business Administration
and Juris Doctorate from Stanford University.
The Board of Directors wishes to thank Mr. Brown for providing 19 years
of successful guidance throughout McCoy's growth and evolution,
including guiding McCoy along the path of becoming a pure play energy
product and services company. Mr. Brown will continue to be a member of
the McCoy's Board of Directors.
McCoy provides innovative products and services to the global energy
industry. McCoy Global operates internationally through direct sales
and distributors with its operations based out of Western Canada, the
U.S. Gulf Coast, Europe and Asia-Pacific. McCoy Global's corporate
office is located in Edmonton, Alberta, Canada with offices in Alberta,
Louisiana, Texas, Aberdeen, Singapore and Luxembourg.
SOURCE: McCoy Corporation
For further information:
Mr. Peter Watson
General Counsel & Corporate Secretary
Phone: (832) 303-7410