Stock Exchange: TSX
CALGARY, Jan. 17 /CNW/ - Pason Systems Inc., is pleased to announce the
appointment, effective immediately, of David Elliott to the position of
Chief Financial Officer (CFO).
In the role of CFO, Mr. Elliott will report directly to Mr. Jim Hill,
Chairman, President and CEO and will have direct responsibility for the
corporate accounting, finance, forecasting, treasury, auditing, tax and
financial reporting activities. He will oversee the management and
coordination of all fiscal reporting activities for the organization to
ensure that Pason meets all external reporting requirements and
regulations for all the countries in which we operate, and he will also
act as the chief financial spokesperson to internal and external
stakeholders. Mr. Elliott will also retain responsibility as Pason's
Mr. Elliott brings more than 20 years of finance and accounting
experience and a great deal of Pason experience to the role. For the
past 4 years, Mr. Elliott has been at Pason in the role of Corporate
Treasurer, and has fulfilled the requirements of that position
admirably. Prior to joining Pason, David was the Treasurer for United
Farmers of Alberta, which is the largest retail co-operative in Canada.
He has also held senior finance positions with Canada Safeway and Turbo
Mr. Elliott graduated from the University of Calgary with a Bachelor of
Commerce, and articled and obtained his Chartered Accountant
designation with Deloitte Haskins & Sells, in Calgary.
Pason Systems Inc.
Pason Systems Inc. is a leading provider of instrumentation systems to
land-based and offshore drilling rigs worldwide. The company's rental
and sold solutions, which include data acquisition, wellsite reporting,
remote communications, and web-based information management, maximize
rig uptime, improve work efficiency, and minimize operating costs.
Pason's common shares trade on the Toronto Stock Exchange under the
SOURCE Pason Systems Inc.
For further information:
about Pason Systems Inc., visit the company's website at www.pason.com or contact:
Chairman, President, and CEO