Richard O'Brien Steps In as CFO of SAExploration Holdings
SAExploration Announces Leadership Transition
SAExploration Holdings, Inc. ("SAE") has exciting news regarding its leadership team. Richard O'Brien has been appointed as the new Chief Financial Officer, taking over from John Simmons, who is retiring after years of dedicated service. This change marks a significant moment for the company as it prepares for its future growth.
Profile of Richard O'Brien
Richard O'Brien is stepping into this pivotal role with an extensive background in finance and corporate development. His career spans over two decades, where he has held senior positions at notable companies, including TETRA Technologies and BHP Petroleum. His trajectory in global finance has equipped him with the skills necessary to guide SAE through strategic financial initiatives and enhance its corporate structure.
Previous Experience and Contributions
Prior to joining SAE, Mr. O'Brien made a significant impact as the Vice President of Finance and Global Controller at TETRA Technologies. His insights were crucial in shaping the company's financial operations and overall commercial strategy. Additionally, his time at BHP Petroleum involved steering major transformation projects, including managing significant acquisitions and divestitures, such as the impressive $10.5 billion sale of BHP's shale assets.
John Simmons' Legacy at SAE
As John Simmons retires, he leaves behind a solid legacy at SAE. He has been a cornerstone of the company since 2020, navigating through restructuring efforts that aimed to strengthen its financial foundation. Simmons played an instrumental role in repositioning the company for profitable expansion, refining the Balance Sheet, and revitalizing Finance and Treasury functions.
Acknowledgements and Gratitude
SAE's CEO, Forrest Burkholder, expressed deep gratitude towards John Simmons for his leadership and contributions. His guidance over the years has been pivotal, and the entire organization wishes him well in all future endeavors. As Mr. Burkholder noted, the company owes a great deal of its current standing to Simmons' direction and insight.
The Future of SAExploration
With Richard O'Brien's appointment as CFO effective September 30, the company is poised for a new phase of growth. O’Brien’s expertise in finance and corporate strategy will play a crucial role in shaping the company's approach to financial management as it explores new opportunities in the energy sector.
About SAExploration Holdings, Inc.
SAExploration is an international oilfield services company committed to providing a comprehensive range of seismic data acquisition and support. Their services span various geographies, facilitating operations from land to offshore sites, reaching depths of up to 3,000 meters. Additionally, SAE offers logistical support, encompassing program design and planning, environmental assessments, and community relations, ensuring seamless project execution for their prestigious clientele.
Frequently Asked Questions
Who has been appointed as the new CFO of SAExploration?
Richard O'Brien has been appointed as the new Chief Financial Officer of SAExploration Holdings, Inc.
What role did John Simmons have at SAExploration?
John Simmons served as the Chief Financial Officer of SAExploration since 2020 and played a vital role in the company’s financial strategies.
What prior experience does Richard O'Brien bring to SAExploration?
Richard O'Brien has over twenty years of experience, previously working at TETRA Technologies and BHP Petroleum in senior finance roles.
When does Richard O'Brien officially begin his role?
Richard O'Brien's official start date as CFO is September 30.
What services does SAExploration offer?
SAExploration offers a wide array of oilfield services including seismic data acquisition and logistical support, operating globally for its clients.
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