CALGARY, Oct. 11, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that Roy Larson, Chief Operating Officer and Director, has announced his retirement from Petrowest's executive team, effective immediately. Mr. Larson was the founder of Larson Construction, which sold to Petrowest in 2006. Mr. Larson will remain on the Board of Directors.
In addition, Petrowest is excited to announce the hiring of Sami Saad as Chief Operating Officer. Mr. Saad brings operational experience from the project management, construction and manufacturing industries spanning the last 18 years. Most recently, Mr. Saad was the Vice President of Construction and Project Management, at Civeo (formerly PTI Group). Prior to this, Mr. Saad was the Vice President of Construction, at North American Construction Group. Mr. Saad's experience within public companies and participation in management focused activities on increasing shareholder value will serve to enhance the existing executive team at Petrowest.
Rick Quigley, Petrowest Chief Executive Officer, stated "we want to thank Mr. Larson for his time at Petrowest. Mr. Larson was instrumental to Petrowest's growth and positioning of this Company to where we stand today. That being said, Petrowest is excited to have Mr. Saad join our management team. Mr. Saad brings a depth of knowledge and experience to compliment the current executive team at Petrowest."
Petrowest is a diversified infrastructure company with primary operations based in northeastern British Columbia and Alberta. Petrowest's operations are focused on industrial and civil infrastructure projects, gravel crushing and hauling activities, as well as pre-drilling and post-completion energy services.
SOURCE Petrowest Corporation
For further information: please contact Nikolaus Kiefer, Vice President of Business Development & Investor Relations at (403) 384-0405 or [email protected]