Gray Wireline Announces Mark Harris as New President and Chief Executive Officer

Mon Jul 13, 2009 3:14pm EDT
 
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FORT WORTH, Texas, July 13 /PRNewswire/ -- Gray Wireline Service, Inc., a
subsidiary of Gray Energy Services LLC, announced today the appointment of
Mark Harris as president and chief executive officer, effective today, July
13, 2009. Harris will succeed Jim Meneely, Gray's interim CEO, and Meneely
will remain active with the company, serving as Gray Wireline's vice chairman
of the board of directors. 

Harris has over 29 years of experience in the wireline industry, where he has
both led business units of a large integrated firm and managed the rapid
growth of an independent wireline company. Most recently, he has held
leadership positions with Baker Atlas in business development, geoscience, and
training. Harris has an extensive sales and marketing background, having
successfully developed and executed several sales and marketing based
strategic plans.  Additionally, Harris led the sales and marketing efforts for
Wedge Energy Group for over six years in the mid-1990s, during which time that
company's sales quadrupled.

"I am honored to become the CEO of Gray Wireline," said Harris. "I'm looking
forward to the opportunity to work with my new colleagues and the board of
directors to lead this company successfully into the future. We have a lot to
do, but I'm intensely focused on guiding Gray Wireline through this
unprecedented period of volatility and positioning the company for future
growth."

"We are very pleased that Mark is joining Gray as the company's president and
CEO," said Scott Perekslis, chairman of Gray's board of directors. "He brings
to Gray a powerful combination of leadership ability, domestic and
international wireline experience, and strategic vision. His track record of
success at driving growth in both good and poor markets, for both large and
independent companies, augurs well for Gray's future. We expect that the
benefits of his leadership will be enjoyed by all of Gray's constituents -- in
particular, the company's highly valued employees and customers."

"Jim Meneely has done an outstanding job during his tenure as interim CEO,"
continued Perekslis. "The board deeply appreciates Jim's exceptional
leadership over the last several months and we look forward to working with
Jim in his new role of vice chairman of the board and continuing to benefit
from his perspective and strategic insights." 

"Mark is the ideal person to be the next CEO of Gray, and I couldn't be more
delighted that he will lead this company," Meneely said. "Mark is a
well-respected business executive both inside and outside the company. His
results-oriented management style and deep industry knowledge will be
invaluable as he drives growth at Gray. Throughout his career, Mark has
demonstrated the capacity to generate industry-leading performance, whether
measured in terms of financial or operational success. Mark has my full
support, and I am confident that he will deliver a new era of growth for
Gray."

About Gray Wireline Service, Inc.
Founded in 1983, Gray Wireline is the largest independent provider of
cased-hole wireline services to the natural gas and oil exploration and
production industry in the United States. The company has significant onshore
and offshore operations with 21 district locations across seven states, and is
an industry leader in the increasingly important shale reserves throughout the
United States.  

Media contacts: Della Sweetman or Erika Ulring, Fleishman-Hillard, phone:
619-237-7700 Ext. 721 or 712.


SOURCE  Gray Wireline Service, Inc.

Della Sweetman, or Erika Ulring, both of Fleishman-Hillard, +1-619-237-7700,
ext. 721, or 712, both for Gray Wireline Service, Inc.

 

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