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Xtreme Drilling and Coil Services Corp Announces Appointment Of New Chairman


Wednesday, 7 Nov 2012 07:02pm EST 

Xtreme Drilling and Coil Services Corp announced that effective immediately Doug Dafoe will assume the role of Chairman of the Board at Xtreme replacing Tom Wood. This is based on Mr. Dafoe's strong financial and corporate governance background as well as the Board's desire to split the role of Chairman and Chief Executive Officer (CEO). Additionally, the Board has initiated a search for a permanent CEO. Mr. Wood will continue in his role as interim CEO and a member of the Board of Directors. His focus will be on improving operating performance and overall margin improvement. Additionally, Mr. Wood has taken an active role in the reorganization of the XSR business. 

Company Quote

4.82
0.03 +0.63%
22 Jul 2014