People: Ion Geophysical Corp (IO)
IO on New York Consolidated
6.36USD
21 May 2013
6.36USD
21 May 2013
Price Change (% chg)
$0.03 (+0.47%)
$0.03 (+0.47%)
Prev Close
$6.28
$6.28
Open
$6.33
$6.33
Day's High
$6.40
$6.40
Day's Low
$6.29
$6.29
Volume
443,475
443,475
Avg. Vol
897,119
897,119
52-wk High
$7.87
$7.87
52-wk Low
$5.52
$5.52
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
James Lapeyre |
59 | 2012 | Chairman of the Board |
R. Brian Hanson |
47 | 2012 | President, Chief Executive Officer, Director |
Gregory Heinlein |
48 | 2011 | Chief Financial Officer, Senior Vice President |
Christopher Usher |
51 | 2012 | Executive Vice President and Chief Operating Officer - ION GeoScience |
Ken Williamson |
47 | 2012 | Executive Vice President and Chief Operating Officer - GeoVentures |
David Roland |
50 | 2007 | Senior Vice President, General Counsel, Corporate Secretary |
David Moffat |
55 | 2007 | Senior Vice President - Marine Imaging Systems Division |
Michael Morrison |
41 | 2007 | Vice President, Corporate Controller |
Nikolaos Bernitsas |
52 | Senior Vice President of GXT Imaging Solutions | |
David Barr |
63 | 2010 | Independent Director |
Huimin Hao |
48 | 2011 | Independent Director |
Michael Jennings |
47 | 2010 | Independent Director |
Franklin Myers |
60 | 2001 | Independent Director |
S. James Nelson |
70 | 2004 | Independent Director |
John Seitz |
60 | 2003 | Independent Director |
Biographies
| Name | Description |
|---|---|
James Lapeyre |
Mr. James M. Lapeyre, Jr., has been appointed as Chairman of the Board of Ion Geophysical Corporation. He served as Chairman of Board of Directors from 1999 until January 1, 2012, when Robert P. Peebler assumed the role of Executive Chairman and Mr. Lapeyre became Lead Independent Director. Mr. Lapeyre has been President of Laitram L.L.C., a privately-owned, New Orleans-based manufacturer of food processing equipment and modular conveyor belts, and its predecessors since 1989. Mr. Lapeyre joined Board of Directors when company bought the DigiCOURSE marine positioning products business from Laitram in 1998. Mr. Lapeyre is Chairman of the Governance Committee and a member of the Audit and Compensation Committees of Board of Directors. He holds a Bachelor of Art degree in history from the University of Texas and Master of Business Administration and Juris Doctorate degrees from Tulane University. |
R. Brian Hanson |
Mr. R. Brian Hanson has been appointed as President, Chief Executive Officer, Director of Ion Geophysical Corp. He joined ION in May 2006 as Executive Vice President and Chief Financial Officer and was appointed President and Chief Operating Officer in August 2011. Prior to joining ION, Mr. Hanson served as the Executive Vice President and Chief Financial Officer of Alliance Imaging, Inc., a NYSE-listed provider of diagnostic imaging services to hospitals and other healthcare providers, from July 2004 until November 2005. From 1998 to 2003, Mr. Hanson held a variety of positions at Fisher Scientific International, Inc., a NYSE-listed manufacturer and supplier of scientific and healthcare products and services, including Vice President Finance of the Healthcare group from 1998 to 2002 and Chief Operating Officer from 2002 to 2003. From 1986 until 1998, Mr. Hanson served in various positions with Culligan Water Conditioning, an international manufacturer of water treatment products and producer and retailer of bottled water products, most recently as Vice President of Finance and Chief Financial Officer. Mr. Hanson received a Bachelor’s degree in engineering from the University of New Brunswick and a Master of Business Administration degree from Concordia University in Montreal. |
Gregory Heinlein |
Mr. Gregory J. Heinlein has been appointed as Chief Financial Officer, Senior Vice President of Ion Geophysical Corp effective November 28, 2011. Prior to joining ION, Mr. Heinlein served as the Chief Operating and Financial Officer of Genprex, Inc., a clinical-stage biopharmaceutical company. Prior to joining Genprex in 2011, Mr. Heinlein worked as an independent financial consultant and held a variety of senior management positions at Freescale Semiconductor, Inc., a NYSE-listed designer and manufacturer of embedded semiconductors for the automotive, consumer, industrial and networking markets, including Vice President and Treasurer from 2005 to 2008 and Vice President, Global Sales and Marketing, from 2008 to 2010. From 2001 to 2004, Mr. Heinlein served as Vice President and Treasurer of Fisher Scientific International Inc., a NYSE-listed manufacturer and supplier of scientific and healthcare products and services. From 1999 to 2001, he served as Vice President, Treasurer at Great Lakes Chemical Company, a NYSE-listed chemical research, production, sales and distribution company. Mr. Heinlein began his career in 1987 at The Dow Chemical Company, where he worked for more than 12 years in progressively challenging financial management positions, in both the treasury and control functions. Mr. Heinlein received a Bachelor of Business Administration degree from Saginaw Valley State University and a Master of Business Administration degree from Michigan State University. |
Christopher Usher |
Mr. Christopher T. Usher serves as the Executive Vice President and Chief Operating Officer - ION GeoScience of Ion Geophysical Corp. He joins ION from Global Geophysical Services, Inc., where he served as Chief Technology Officer since January 2010. Prior to joining Global, Mr. Usher served from 2005 to 2010 as Senior Director at Landmark Software and Services, a division of Halliburton. From 2004 to 2005, he served as Senior Corporate Vice President, Integrated Services, at Paradigm Geotechnology in London. From 2000 to 2003, he served as President of the global data processing division of Petroleum Geo-Services (PGS) in London. He began his career at Western Geophysical. Mr. Usher is a graduate of Yale University with a Bachelor of Science in Geology and Geophysics. |
Ken Williamson |
Mr. Ken Williamson has been appointed as the Executive Vice President and Chief Operating Officer - GeoVentures of Ion Geophysical Corp. Mr. Williamson joined ION in 2006 as Vice President of Integrated Seismic Solutions, now GeoVentures, and was promoted to Senior Vice President in January 2007. Under his leadership, GeoVentures has been the spearhead of ION's E&P solutions strategy and a key driver of ION's growth. Prior to joining ION, Mr. Williamson held various leadership positions at Western Geophysical, which became part of WesternGeco, a subsidiary of Schlumberger. Mr. Williamson holds a Bachelor degree in geophysics from Cardiff University in Wales. |
David Roland |
Mr. David L. Roland has served as Senior Vice President, General Counsel, Corporate Secretary of Ion Geophysical Corp. Prior to joining ION, Mr. Roland held several positions within the legal department of Enron Corp., a multi-national energy trading and infrastructure development business, most recently as Vice President and Assistant General Counsel. Prior to joining Enron in 1998, Mr. Roland was an attorney with Caltex Corporation, an international oil and gas marketing and refining company. Mr. Roland was an attorney with the law firm of Gardere & Wynne (now Gardere Wynne Sewell LLP) from 1988 until 1994, when he joined Caltex. Mr. Roland holds a Bachelor of Business Administration degree from the University of Houston and a Juris Doctorate degree with Distinction from St. Mary’s University. |
David Moffat |
Mr. David Moffat is Senior Vice President - Marine Imaging Systems Division of Ion Geophysical Corp since June 2007. In 1989, he joined Concept Systems, Ltd., a Scotland-based supplier of advanced real-time navigation and data integration software and services to the E&P industry, and served in various engineering and managerial roles, including after ION’s acquisition of Concept in 2004. From 2006 to 2007, Mr. Moffat was the Vice President and Managing Director of Concept. Prior to joining Concept in 1989, Mr. Moffat was employed in various engineering design and development positions within the electronics defense and data security industry in the United Kingdom. Between 1973 and 1981, he served as an officer in the British Merchant Navy. Mr. Moffat holds a Bachelor of Science degree with Distinction in electronic and communication engineering from Edinburgh Napier University. |
Michael Morrison |
Mr. Michael L. Morrison has served as Vice President, Corporate Controller of Ion Geophysical Corp. Mr. Morrison joined ION in June 2002 as Assistant Controller, became Controller and Director of Accounting in November 2002 and Vice President and Corporate Controller in January 2007. Prior to joining ION, Mr. Morrison held several positions at Enron Corp., most recently as Director of Transaction Support. Mr. Morrison had held a variety of positions at Deloitte & Touche, LLP, a public accounting firm, from January 1994 until he joined Enron in June 2000. Mr. Morrison holds a Bachelor of Business Administration degree in accounting from Texas A&M University. |
Nikolaos Bernitsas |
Mr. Nikolaos Bernitsas is Senior Vice President of GXT Imaging Solutions a subsidiary of Ion Geophysical Corp. Mr. Bernitsas originally joined GX Technology Corporation (“GXT”) in 2000 as Senior Geophysical Advisor, became Senior Vice President, Operations of GXT in 2002 and continued in that position after ION acquired GXT in 2004. Prior to joining GXT, Mr. Bernitsas served as an Imaging Advisor for Vastar Resources, Inc., an exploration and production company, from 1998 to 2000, and in various geophysicist positions at Arco Exploration and Production Technology, a division of Atlantic Richfield Company, from 1990 to 1998. Mr. Bernitsas holds a Bachelor of Science degree in physics from the University of Athens (Greece), a Master of Science degree in geophysics from Ohio University, a Master of Business Administration degree in finance from the University of Texas at Dallas, and a Ph.D. in geophysics from the University of Texas at Austin. |
David Barr |
Mr. David H. Barr is Independent Director of Ion Geophysical Corporation since December 2, 2010. Mr. Barr is the President and Chief Executive Officer of Logan International Inc., a Toronto Stock Exchange (TSX)-listed oilfield service company focused on downhole tools and completion service. Mr. Barr also serves as a director of Logan International and, until he was appointed President and CEO, served as the Chairman of the Board and a member of the Audit and Compensation Committees of Logan International. Prior to joining Logan International as President and CEO in May 2011, Mr. Barr served with Baker Hughes Incorporated, an oilfield services and equipment provider, for 36 years in various manufacturing, marketing, engineering and product management functions. At the time of his retirement from Baker Hughes in 2009, Mr. Barr was Group President — Eastern Hemisphere, responsible for all Baker Hughes products and services for Europe, Russia/Caspian, Middle East, Africa and Asia Pacific. From 2007 to 2009, he served as Group President — Completion & Production, and from 2005 to 2007, as Group President — Drilling and Evaluation. Mr. Barr served as President of Baker Atlas, a division of Baker Hughes Inc., from 2000 to 2005, and served as Vice President, Supply Chain Management for the Cameron division of Cameron International Corporation from 1999 to 2000. Prior to 1999, he held positions of increasing responsibility within Baker Hughes Inc. and its affiliates, including Vice President — Business Process Development and various leadership positions with Hughes Tool Company and Hughes Christensen. Mr. Barr initially joined Hughes Tool Company in 1972 after graduating from Texas Tech University with a Bachelor of Science degree in mechanical engineering. |
Huimin Hao |
Mr. Huimin Hao is Independent Director of Ion Geophysical Corporation since January 1, 2011. Mr. Hao has been employed by China National Petroleum Corporation (“CNPC”), China’s oil company, and its affiliates in various positions of increasing responsibility since 1984. Since 2006, Mr. Hao has been Chief Geophysicist of BGP Inc., China National Petroleum Corporation (“BGP”). BGP is a subsidiary of CNPC and is the world’s land seismic contractor. From 2004 to 2006, Mr. Hao was Vice President of BGP, and from 2002 to 2004, he managed the marine department at BGP. Between 1984 and 2002, Mr. Hao served in various management positions at Dagang Geophysical Company, a seismic contractor company owned by CNPC. Mr. Hao is a member of the Finance Committee of Board of Directors. He holds a Bachelor of Science degree in geophysical exploration from China Petroleum University and Masters of Business Administration degrees from the University of Houston and Nankai University in China. |
Michael Jennings |
Mr. Michael C. Jennings is Independent Director of Ion Geophysical Corporation since December 2, 2010. He is the President, Chief Executive Officer and a member of the Board of Directors of HollyFrontier Corporation, a NYSE-listed independent oil refining and marketing company. Prior to joining HollyFrontier, Mr. Jennings was the President, Chief Executive Officer and Chairman of the Board of Frontier Oil Corporation, an independent oil refining and marketing company. Mr. Jennings joined HollyFrontier in July 2011 when Frontier Oil merged with Holly Corporation to form HollyFrontier. Prior to his appointment to President and Chief Executive Officer of Frontier in January 2009, Mr. Jennings served as Frontier’s Executive Vice President and Chief Financial Officer. From 2000 until joining Frontier in 2005, Mr. Jennings was employed by Cameron International Corporation as Vice President and Treasurer. From 1998 until 2000, he was Vice President Finance & Corporate Development of Unimin Corporation, a producer of industrial minerals. From 1995 to 1998, Mr. Jennings was employed by Cameron International Corporation as Director, Acquisitions and Corporate Finance. Mr. Jennings is a member of the Audit and Finance Committees of Board of Directors. He holds a Bachelor of Arts degree in economics and government from Dartmouth College and a Master of Business Administration degree in finance and accounting from the University of Chicago. |
Franklin Myers |
Mr. Franklin Myers has served as Independent Director of Ion Geophysical Corp., since 2001. He is an Operating Advisor with Paine & Partners, LLC, a private equity firm focused on leveraged buyout transactions. Prior to joining Paine & Partners in October 2009, Mr. Myers was employed by Cameron International Corporation, an international manufacturer of oil and gas flow control equipment, as Senior Vice President, General Counsel and Corporate Secretary (from 1995 to 1999), President of the Cooper Energy Services Division (from 1998 until 2001), Senior Vice President (from 2001 to 2003), Senior Vice President and Chief Financial Officer (from 2003 to 2008) and Senior Advisor (from 2008 to 2009). Prior to joining Cameron, he was Senior Vice President and General Counsel of Baker Hughes Incorporated, an oilfield services and equipment provider, and an attorney and partner with the law firm of Fulbright & Jaworski L.L.P. in Houston, Texas. Mr. Myers also currently serves on the Boards of Directors of Comfort Systems, Inc., a NYSE-listed provider of heating, ventilation and air conditioning services, and HollyFrontier Corporation, a NYSE-listed independent oil refining and marketing company. Mr. Myers is Chairman of the Compensation Committee, co-Chairman of the Finance Committee and a member of the Governance Committee of Board of Directors. He holds a Bachelor of Science degree in industrial engineering from Mississippi State University and a Juris Doctorate degree with Honors from the University of Mississippi. |
S. James Nelson |
Mr. S. James Nelson, Jr., has served as Independent Director of Ion Geophysical Corporation since 2004. In 2004, Mr. Nelson retired from Cal Dive International, Inc. (now named Helix Energy Solutions Group, Inc.), a marine contractor and operator of offshore oil and gas properties and production facilities, where he was a founding shareholder, Chief Financial Officer (prior to 2000), Vice Chairman (from 2000 to 2004) and a Director (from 1990 to 2004). From 1985 to 1988, Mr. Nelson was the Senior Vice President and Chief Financial Officer of Diversified Energies, Inc., a NYSE-traded company with $1 billion in annual revenues and the former parent company of Cal Dive. From 1980 to 1985, Mr. Nelson served as Chief Financial Officer of Apache Corporation, an oil and gas exploration and production company. From 1966 to 1980, Mr. Nelson was employed with Arthur Andersen & Co. where, from 1976 to 1980, he was a partner serving on the firm’s worldwide oil and gas industry team. Mr. Nelson also currently serves on the Boards of Directors and Audit Committees of Oil States International, Inc. (a NYSE-listed diversified oilfield services company), W&T Offshore, Inc. (a NYSE-listed oil and natural gas exploration and production company) and the general partner of Genesis Energy LP (a NYSE-listed operator of oil and natural gas pipelines and provider of services to refineries and industrial gas users). From 2005 until the company’s sale in 2008, he served as a member of the Board of Directors and Audit and Compensation Committees of Quintana Maritime, Ltd., a provider of dry bulk cargo shipping services based in Athens, Greece. Mr. Nelson, who is also a Certified Public Accountant, is Chairman of the Audit Committee and co-Chairman of the Finance Committee of Board of Directors. He holds a Bachelor of Science degree in accounting from Holy Cross College and a Master of Business Administration degree from Harvard University. |
John Seitz |
Mr. John N. Seitz has served as Independent Director of Ion Geophysical Corporation since 2003. Mr. Seitz is a founder and Vice Chairman of the Board of Endeavour International Corporation, an exploration and development company with activities in the North Sea and selected North American basins. From 2003 until 2006, Mr. Seitz served as co-CEO of Endeavour. From 1977 to 2003, Mr. Seitz held positions of increasing responsibility at Anadarko Petroleum Company, serving most recently as a Director and as President and Chief Executive Officer. Mr. Seitz is a Trustee of the American Geological Institute Foundation and serves on the Board of Managers of Constellation Energy Partners LLC, a company focused on the acquisition, development and exploitation of oil and natural gas properties and related midstream assets. He also currently serves on the Board of Directors of Gulf United Energy, Inc., an OTC-listed independent energy company with interests in oil and natural gas properties in Peru and Colombia. Mr. Seitz is a member of the Compensation and Governance Committees of our Board of Directors. Mr. Seitz holds a Bachelor of Science degree in geology from the University of Pittsburgh, a Master of Science degree in geology from Rensselaer Polytechnic Institute and is a Certified Professional Geoscientist in Texas. He also completed the Advanced Management Program at the Wharton School of Business. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
James Lapeyre |
-- |
R. Brian Hanson |
2,558,190 |
Gregory Heinlein |
853,404 |
Christopher Usher |
-- |
Ken Williamson |
888,100 |
David Roland |
549,650 |
David Moffat |
-- |
Michael Morrison |
-- |
Nikolaos Bernitsas |
554,617 |
David Barr |
-- |
Huimin Hao |
-- |
Michael Jennings |
-- |
Franklin Myers |
-- |
S. James Nelson |
-- |
John Seitz |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
James Lapeyre |
0 | 0 |
R. Brian Hanson |
0 | 0 |
Gregory Heinlein |
0 | 0 |
Christopher Usher |
0 | 0 |
Ken Williamson |
0 | 0 |
David Roland |
50,000 | 213,850 |
David Moffat |
0 | 0 |
Michael Morrison |
0 | 0 |
Nikolaos Bernitsas |
15,037 | 148,566 |
David Barr |
0 | 0 |
Huimin Hao |
0 | 0 |
Michael Jennings |
0 | 0 |
Franklin Myers |
0 | 0 |
S. James Nelson |
0 | 0 |
John Seitz |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MOFFAT DAVID |
13,963 | $6.35 |
LAPEYRE JAMES M JR |
110,000 | $5.92 |
MORRISON MICHAEL L |
3,000 | $7.09 |
LAPEYRE JAMES M JR |
25,000 | $0.00 |
HANSON R BRIAN |
44,594 | $7.21 |
LAPEYRE JAMES M JR |
375,000 | $0.00 |
LAPEYRE JAMES M JR |
125,000 | $0.00 |
LAPEYRE JAMES M JR |
125,000 | $0.00 |
LAPEYRE JAMES M JR |
125,000 | $0.00 |
HAO HUIMIN |
3,600 | $6.22 |
MOFFAT DAVID |
524 | $5.96 |
ROLAND DAVID L |
882 | $5.96 |
MOFFAT DAVID |
1,049 | $5.96 |
USHER CHRISTOPHER THERON |
50,000 | $0.00 |
ROLAND DAVID L |
5,000 | $0.00 |
BERNITSAS NIKOLAOS |
706 | $5.96 |
BERNITSAS NIKOLAOS |
529 | $5.96 |
WILLIAMSON KEN |
882 | $5.96 |
HAO HUIMIN |
12,000 | $0.00 |
WILLIAMSON KEN |
1,323 | $5.96 |
BARR DAVID H |
12,000 | $0.00 |
NELSON S JAMES JR |
12,000 | $0.00 |
HEINLEIN GREGORY J |
5,000 | $0.00 |
BERNITSAS NIKOLAOS |
4,000 | $0.00 |
MOFFAT DAVID |
4,000 | $0.00 |
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