People: Layne Christensen Co (LAYN.O)

LAYN.O on Nasdaq

22.32USD
17 May 2013
Price Change (% chg)

$0.31 (+1.41%)
Prev Close
$22.01
Open
$22.04
Day's High
$22.49
Day's Low
$21.80
Volume
215,156
Avg. Vol
166,669
52-wk High
$25.11
52-wk Low
$17.42

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Summary

Name Age Since Current Position

David Brown

 69 2005 Chairman of the Board

Rene Robichaud

 53 2012 President, Chief Executive Officer, Director

James Easter

 56 2013 Chief Financial Officer, Senior Vice President

Mark Accetturo

 59 2010 President of Reynolds, Inc

Pier Iovino

 65 2000 President - Geoconstruction Division

Larry Purlee

 64 2010 President of Reynolds Inliner, LLC

Philip Winner

 56 2010 President of Layne Energy, Inc.

Steven Crooke

 55 2006 Senior Vice President, General Counsel, Secretary

Frank LaRosa

 52 2011 Senior Vice President - Safety, Sustainability and IT

Gernot Penzhorn

 42 2013 Senior Vice President - Operations, International

David Singleton

 53 2013 Senior Vice President - Operations, U.S

Jeffrey Reynolds

 45 2013 Director

J. Samuel Butler

 66 2003 Independent Director

Robert Gilmore

 2009 Independent Director

Anthony Helfet

 68 2003 Independent Director

Nelson Obus

 65 2004 Independent Director
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Biographies

Name Description

David Brown

 Mr. David A. B. Brown is Chairman of the Board of Directors of Layne Christensen Company. He served as Chairman of the Board of Directors of Pride International, Inc. from 1995 until Pride's acquisition by Ensco Plc in 2011, at which time he became a member of the Board of Directors of Ensco Plc. He is also on the board of directors of EMCOR Group, Inc., and from 1984 to 2005. Mr. Brown was president of The Windsor Group, a consulting firm that focuses on energy related issues facing oilfield services and engineering companies. He is a Chartered Accountant and has over 35 years of energy related experience.

Rene Robichaud

 Mr. Rene J. Robichaud has been appointed as President, Chief Executive Officer, Director of Layne Christensen Company effective January 31, 2012. He has been President of the Company since September 2011, and as Chief Executive Officer since February 2012. Prior to joining the Company, Mr. Robichaud served as a consultant to various corporate clients since 2008. Mr. Robichaud served as president and chief executive officer of NS Group, Inc., a publicly-traded manufacturer of oil country tubular goods and line pipe, from February 2000 until the company's sale in December 2006. Prior to that, Mr. Robichaud served as president and chief operating officer of NS Group, Inc. from June 1999 to February 2000. From 1997 to 1998, Mr. Robichaud served as a managing director and co-head of the Global Metals & Mining Group for Salomon Smith Barney. Mr. Robichaud also served as a director of The Midland Company from 2006 to 2008.

James Easter

 Mr. James R. Easter has been appointed as Chief Financial Officer, Senior Vice President of Layne Christensen Co., effective May 6, 2013. Mr. Easter brings financial, management, and industry experience to Layne. He most recently served as Chief Financial Officer of SEH Offshore Ventures, the focus of which was to acquire and operate an international fleet of standard class jack-up drilling units. In 2010, he accepted the position of Chief Financial Officer at Seahawk Drilling, a shallow-water contract oil & gas drilling company. The following year, Mr. Easter was appointed President and CEO of Seahawk where he managed the sale of the company to Hercules Offshore. From 2002-2008, Mr. Easter was Vice President of Finance and Treasurer, and then Vice President of Corporate Development and Strategic Planning at McDermott International, a Fortune 500 company focused on executing complex offshore oil & gas projects worldwide. Prior this, Mr. Easter was Vice President, Transaction Development and Support, at Reliant Energy Solutions, Inc., part of Reliant Energy. He received his B.A. from the University of Texas, Austin and an M.B.A. from Thunderbird, The American Graduate School of International Management.

Mark Accetturo

 Mr. Mark J. Accetturo is Division President of Reynolds, Inc, a wholly-owned subsidiary of Layne Christensen Company which provides products and services to the water and wastewater industries, on February 1, 2010. Mr. Accetturo served as Executive Vice President of Operations of Reynolds, Inc. from 1989 until February 1, 2010. Mr. Accetturo has over 40 years of experience in the water and wastewater industry.

Pier Iovino

 Mr. Pier L. Iovino is President - Geoconstruction Division of Layne Christensen Company since 2000. The Geoconstruction Division provides specialized geotechnical services to the heavy civil, industrial and commercial construction markets that are focused primarily on soil stabilization and subterranean structural support. Mr. Iovino became Vice President of the Company, responsible for the Geoconstruction Division upon the Company’s acquisition of Fonditek International, Inc. in October of 1995. Prior to the acquisition, Mr. Iovino had served as the President of Fonditek International, Inc. since 1993. Mr. Iovino has over 38 years of experience in the geoconstruction industry.

Larry Purlee

 Mr. Larry D. Purlee is President of Reynolds Inliner, LLC, a wholly-owned subsidiary of Layne Christensen Company which provides wastewater pipeline and structure rehabilitation services, on February 1, 2010. Mr. Purlee served as Executive Vice President of Reynolds Inliner, LLC from the early 1990s until February 1, 2010. Mr. Purlee has over 40 years of experience in the wastewater pipeline rehabilitation industry.

Philip Winner

 Mr. Philip S. Winner is President of Layne Energy, Inc., a wholly-owned subsidiary of Layne Christensen Company which is involved in the exploration, acquisition, development, and production of both oil and natural gas, since November of 2008. Prior to joining the Company, Mr. Winner served as Vice President of HS Resources, Inc., where he managed a portfolio of exploration and development assets in the Rocky Mountain region. Mr. Winner has nearly 25 years of experience in the oil and gas industry.

Steven Crooke

 Mr. Steven F. Crooke is Senior Vice President, General Counsel, Secretary of Layne Christensen Company. He has served as Vice President, Secretary and General Counsel since May 2001. For the period of June 2000 through April 2001, Mr. Crooke served as Corporate Legal Affairs Manager of Huhtamaki Van Leer. Prior to that, he served as Assistant General Counsel of the Company from 1995 to May 2000.

Frank LaRosa

 Mr. Frank J. LaRosa is Senior Vice President - Safety, Sustainability and IT of Layne Christensen Company since November 2011. Mr. LaRosa has approximately 30 years business experience working for numerous companies, including private and public companies in the manufacturing, service, and engineering industries. He has 28 years of Information Technology experience having been the Chief Information Officer for five companies. Mr. LaRosa also has 20 years in Human Resources as the senior human resources officer with responsibility for all aspect of human resources including safety and environmental.

Gernot Penzhorn

 Mr. Gernot E. Penzhorn is Senior Vice President - Operations, International of Layne Christensen Company, since January 1, 2013. Mr. Penzhorn became President of the Mineral Exploration Division in August 2011. From August 2007 until August 2011, Mr. Penzhorn was Vice President of Operations for the Mineral Exploration Division. Prior to joining the Company, Mr. Penzhorn served as International Operations Director for Boart Longyear, which he joined in 2001.

David Singleton

 Mr. David D. Singleton is Senior Vice President - Operations, U.S of Layne Christensen Company, since January 1, 2013. He has 30 years of experience in various areas of the Company’s operations. He has been the President of the Water Resources Division since May of 2010, and before that was Vice President of the Water Resources Division beginning in 2004

Jeffrey Reynolds

 Mr. Jeffrey J. Reynolds is Director of Layne Christensen Co. He resigned has Chief Operating Officer, Executive Vice President of the company, since January 1, 2013. He became a director and Senior Vice President of the Company on September 28, 2005, in connection with the acquisition of Reynolds, Inc. by Layne Christensen Company. Mr. Reynolds served as the President of Reynolds, Inc., a company which provides products and services to the water and wastewater industries, from 2001 until February of 2010. On March 30, 2006, Mr. Reynolds was promoted to Executive Vice President of the Company overseeing the Water Infrastructure Group and on February 1, 2010, Mr. Reynolds was promoted to Executive Vice President of Operations for the Company overseeing all of the Company’s operating divisions. On February 1, 2011, Mr. Reynolds’ title was changed to Executive Vice President and Chief Operating Officer, but his duties remained the same.

J. Samuel Butler

 Mr. J. Samuel Butler is Independent Director of Layne Christensen Company. He has been president of Trinity Petroleum Management, LLC, an oil and gas management outsourcing company, since 1996. Mr. Butler has also served as Chairman of the Board, chief executive officer and president of ST Oil Company, an independent oil and gas exploration and production company, since 1996. Mr. Butler was appointed to the Colorado School of Mines Foundation Board of Governors in 2009, and in 2007, Mr. Butler became the Chairman of Genesis Gas & Oil Partners LLC, a private oil and gas partnership focused on the acquisition and exploitation of coalbed methane and other unconventional oil and gas reserves.

Robert Gilmore

 Mr. Robert R. Gilmore is Independent Director of Layne Christensen Company. He is is an independent CPA. From 1997 to May 2006 and from March 2008 to present, Mr. Gilmore has served as an independent financial consultant to a number of companies. From May 2006 to February 2008, he was CFO of NextAction Corporation, a private company engaged in multi-channel direct marketing using technology-based proprietary lead generation methods for the retail industry. Since April 2003, Mr. Gilmore has been a Director of Eldorado Gold Corporation, serving as Non-Executive Chairman since December 2009. Since June 2010, Mr. Gilmore has been a director of Fortuna Silver Mines, Inc. Since March 2012, Mr. Gilmore has served as a Director of Great Western Minerals Group, Ltd. Mr. Gilmore also served as a Director of Global Med Technologies, Inc. from March 31, 2006, until March 2010. From July 2007 to March 2009, Mr. Gilmore was also a Director of Frontera Copper Corporation. Mr. Gilmore was also a Director of Ram Power Corporation from October 2009 until April 2010.

Anthony Helfet

 Mr. Anthony B. Helfet is Independent Director of Layne Christensen Company. He a retired investment banker, served as the Vice Chairman of the Board of Directors and co-head of Mergers and Acquisitions for Merriman Curhan Ford & Co. from September 2005 to September 2007. Prior to that, he was a special advisor to UBS from September 2001 through December 2001. From 1991 to August 31, 2001, Mr. Helfet was a managing director of the West Coast operations of Dillon, Read & Co. Inc. and its successor organization, UBS. Mr. Helfet was also managing director of the Northwest Region of Merrill Lynch Capital Markets from 1979 to 1989. Historically, Mr. Helfet has held other positions with Dean Witter Reynolds Inc. and Dillon, Read & Co. Inc. Mr. Helfet also served as a director of Alliance HealthCare Services, Inc. from 2001 to 2009.

Nelson Obus

 Mr. Nelson Obus is Independent Director of Layne Christensen Company. He has served as president of Wynnefield Capital, Inc. since November 1992 and as the managing member of Wynnefield Capital Management, LLC since January 1997. Wynnefield Capital Management manages two partnerships and Wynnefield Capital, Inc. manages one partnership, all three of which invest in small-cap value U.S. public equities. Mr. Obus served as a member of the board of directors of Gilman Ciocia, Inc., a company that provides income tax return preparation, accounting and financial planning services from September 2007 to January 2012. Mr. Obus is also a member of the board of directors of Breeze-Eastern Corporation, a company that designs, develops, manufactures, sells and services sophisticated mission equipment for helicopters.

Insider Trading

Name Shares Traded Price

BUTLER J SAMUEL

 2,372 $0.00

GILMORE ROBERT R

 2,372 $0.00

WINNER PHILIP S

 8,838 $24.10

WINNER PHILIP S

 8,838 $15.78

WINNER PHILIP S

 4,767 $24.10

WINNER PHILIP S

 4,767 $21.99

HELFET ANTHONY B

 3,082 $21.51

OBUS NELSON

 15,200 $18.05

OBUS NELSON

 12,300 $18.05

OBUS NELSON

 22,500 $18.05

OBUS NELSON

 411 $0.00

HELFET ANTHONY B

 1,644 $0.00

BUTLER J SAMUEL

 2,055 $0.00

GILMORE ROBERT R

 2,055 $0.00

SCHMITT ANDREW B

 2,055 $0.00

GILMORE ROBERT R

 974 $0.00

REYNOLDS JEFFREY J

 8,400 $21.39

REYNOLDS JEFFREY J

 26,400 $21.22

REYNOLDS JEFFREY J

 11,400 $21.21

ROBICHAUD RENE J

 2,131 $23.69

ROBICHAUD RENE J

 40,000 $23.76

ROBICHAUD RENE J

 75,000 $0.00

FANSKA JERRY W

 589 $27.46

DESPAIN ERIC R

 589 $27.46

ALUCE GREGORY F

 641 $27.46
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