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