Precision Drilling Corporation Elevates Carey Ford as CEO
Precision Drilling Corporation Promotes Carey Ford
CALGARY, Alberta — The Board of Directors of Precision Drilling Corporation has officially announced the appointment of Carey Ford as the new President and Chief Executive Officer. Ford, who joined Precision in 2011, previously served as Chief Financial Officer since 2016, guiding the company through various industry challenges. He succeeds Kevin Neveu, who has retired after nearly 18 years of dedicated service to the company.
Carey Ford's Vision for the Future
Mr. Ford expressed his excitement about stepping into this pivotal role, stating, "It is a privilege to lead such a talented team. Precision is renowned for its commitment to safety and excellent service to customers, and I am honored to continue that legacy." Under his leadership, the organization aims to navigate through the current industry landscape and capitalize on new growth opportunities.
Key Leadership Changes
In addition to Ford's appointment, the Board announced two additional key appointments. Gene Stahl has been appointed as Chief Operating Officer, bringing years of in-depth industry experience, and Dustin Honing has stepped into the role of Chief Financial Officer, further strengthening the financial leadership team. Both will be instrumental in advancing Precision's robust operational and strategic goals.
Commitment to Innovation and Sustainability
The Board is confident in Mr. Ford's capabilities and leadership. His extensive experience and the support of the newly appointed executive team will be vital as Precision continues to innovate within a rapidly evolving energy market. The emphasis on technology-driven strategies and sustainable practices remains a priority as they work to minimize environmental impact while maximizing efficiency.
Ongoing Transition and Acknowledgments
As part of this transition, Kevin Neveu will continue to assist in an advisory capacity to ensure a seamless handover of responsibilities. The Board expressed gratitude for Neveu's leadership and successful contributions that have helped shape Precision into a leading force in the industry.
About Precision Drilling Corporation
Precision Drilling Corporation is a premier provider of safe and environmentally responsible high-performance services to the energy sector. With a vast fleet of innovative Super Series drilling rigs and cutting-edge technology, including their renowned Alpha™ digital solutions, Precision stands at the forefront of delivering reliable and effective services to their clients. The company's commitment to environmental responsibility is evident in their EverGreen™ solutions that help mitigate ecological impacts.
Company Overview and Contact Information
Headquartered in Calgary, Alberta, Canada, Precision is publicly traded on the Toronto Stock Exchange under the symbol "PD" and on the New York Stock Exchange with the symbol "PDS". For more information regarding Precision, interested parties should check their official website or reach out directly.
Contact Information:
Lavonne Zdunich, CPA, CA
Vice President, Investor Relations
403.716.4500
800, 525 - 8th Avenue S.W.
Calgary, Alberta, Canada T2P 1G1
Frequently Asked Questions
Who has been appointed as the new CEO of Precision Drilling Corporation?
Carey Ford has been appointed as the new President and Chief Executive Officer of Precision Drilling Corporation.
What position did Carey Ford hold before becoming CEO?
Before his appointment as CEO, Carey Ford served as the Chief Financial Officer since 2016.
How long did Kevin Neveu serve as CEO before retiring?
Kevin Neveu served Precision Drilling Corporation for nearly 18 years as President and CEO.
Who are the other key leaders appointed along with Carey Ford?
Gene Stahl has been appointed Chief Operating Officer, and Dustin Honing is the new Chief Financial Officer.
What are Precision's trading symbols on major exchanges?
Precision Drilling Corporation is listed on the Toronto Stock Exchange as "PD" and on the New York Stock Exchange as "PDS".
About The Author
Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
