Edition:
United States

Precision Drilling Corp (PDS)

PDS on New York Consolidated

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6 Dec 2016
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Summary

Name Age Since Current Position

Robert Phillips

65 2011 Independent Chairman of the Board

Kevin Neveu

55 2009 President, Chief Executive Officer, Non-Independent Director

Carey Ford

2016 Senior Vice President - Operations Finance and interim Chief Financial Officer

Niels Espeland

2011 President - International Operations

Gene Stahl

2008 President - Drilling Operations

Veronica Foley

2016 Senior Vice President, General Counsel, Corporate Secretary

Douglas Evasiuk

2012 Senior Vice President - Sales and Marketing, North America

Darren Ruhr

2012 Senior Vice President - Corporate Services

William Donovan

64 2008 Independent Director

Brian Gibson

59 2011 Independent Director

Allen Hagerman

64 2006 Independent Director

Catherine Hughes

53 2013 Independent Director

Steven Krablin

65 2015 Independent Director

Stephen Letwin

60 2006 Independent Director

Kevin Meyers

62 2011 Independent Director

Biographies

Name Description

Robert Phillips

Mr. Robert Lawrence Phillips QC., is Independent Chairman of the Board of Precision Drilling Corporation. Mr. Phillips is currently a private investor. An experienced senior corporate executive, he was most recently President and Chief Executive Officer of the BCR Group of Companies from 2001 to 2004. Within the oil and gas exploration and production and oilfield service sectors, he has served as Vice President of Husky Oil Limited and as President and Chief Executive Officer of PTI Group Inc. and Dreco Energy Services Ltd. Mr. Phillips has served on the boards of publicly-traded and private corporations for more than 25 years, including several oil and gas exploration and production and oilfield service companies. In addition to Precision, he currently serves on the boards of several major Canadian corporations. Mr. Phillips is a graduate chemical engineer and also practised corporate and securities law for over 15 years. Mr. Phillips received a B.Sc. in chemical engineering and an LLB (gold medalist) from the University of Alberta.

Kevin Neveu

Mr. Kevin A. Neveu is President, Chief Executive Officer, Non-Independent Director of Precision Drilling Corporation. Mr. Neveu was appointed Chief Executive Officer and a director of Precision in August 2007 and became President and Chief Executive Officer in January 2009. From 2002 to 2007, Mr. Neveu was President of the Rig Solutions Group of National Oilwell Varco in Houston, where he was responsible for the company’s drilling equipment business. He has held senior management positions with National Oilwell Varco and its predecessor companies in London, Moscow, Houston, Edmonton and Calgary. Mr. Neveu currently serves on the boards of Bonanza Creek Energy, Inc. and Finning International Inc. He has been a member of the advisory board of the Heart and Stroke Foundation of Alberta since 2009, and was appointed a director and a member of the executive committee of the Texas-based International Association of Drilling Contractors in January 2010. Mr. Neveu also serves as a director of a not-for-profit national sports governing organization. In 2012, Mr. Neveu became a member of the Canadian Council of Chief Executives and a member of the advisory council for the School of Public Policy of the University of Calgary. Mr. Neveu received a B.Sc. from the University of Alberta. Mr. Neveu is a Professional Engineer, as designated by the Association of Professional Engineers and Geoscientists of Alberta. In 2002, he completed the Advanced Management Program at the Harvard Business School.

Carey Ford

Mr. Carey Ford is Senior Vice President - Operations Finance and interim Chief Financial Officer of the Company. He joined Precision in 2011 as Vice President, Finance and Investor Relations and in 2015 was promoted to the position of Senior Vice President, Operations Finance. Prior to Precision, Carey had a ten year career in accounting, private equity and investment banking with a focus on oilfield services. Carey has a Bachelor of Business Administration and Masters of Business Administration from the University of Texas at Austin and has earned the Chartered Financial Analyst designation.

Niels Espeland

Mr. Niels Espeland is President - International Operations of Precision Drilling Corporation. From 2007 to 2011, Mr. Espeland was Group Vice President, Drilling for Weatherford International and from 2001 to 2007 was Managing Director, Middle East and Africa for KCA Deutag.

Gene Stahl

Mr. Gene C. Stahl is President - Drilling Operations of Precision Drilling Corporation. Prior to that, Mr. Stahl was President and Chief Operating Officer from 2005 to 2008.

Veronica Foley

Ms. Veronica H. Foley is Senior Vice President, General Counsel, Corporate Secretary of the company. She joined Precision in 2010, and most recently served as Vice President, Legal and Corporate Secretary. Before joining Precision, Veronica worked seven years for a large multinational law firm, in its Houston and New York offices. She holds a bachelor's degree in psychology and French from Baylor University, and a doctor of jurisprudence degree from South Texas College of Law. She currently serves on the board of directors for the Houston Bar Foundation, and Girls Inc.

Douglas Evasiuk

Mr. Douglas B. Evasiuk is Senior Vice President - Sales and Marketing, North America of Precision Drilling Corporation. Prior to that, Mr. Evasiuk was Vice President, Sales and Marketing – North America since February 2011 and Vice President, Sales and Marketing from 1999 to 2011.

Darren Ruhr

Mr. Darren J. Ruhr is Senior Vice President - Corporate Services of Precision Drilling Corporation. He serves as Vice President of Corporate Services since 2009. Prior to that, Mr. Ruhr was Vice President of Corporate Services & Corporate Secretary from 2005 to 2009.

William Donovan

Mr. William T. Donovan is an Independent Director of Precision Drilling Corporation. Mr. Donovan is a private equity investor and a director of several private companies in the United States, the United Kingdom and Russia. Mr. Donovan was chairman of Rockland Industrial Holdings, LLC, a privately-held Wisconsin entity engaged in the manufacturing of wood flooring products for the truck trailer and domestic container industries, from April 2006 to December 2013. Mr. Donovan was a director of Grey Wolf, Inc. from June 1997 to December 2008, prior to its acquisition by Precision Drilling Trust and his subsequent appointment as a director of Precision in December 2008. From 1997 to 2005, he served as President, Chief Executive Officer and a director of Total Logistics, Inc., a Wisconsin corporation engaged in various operating and investment activities. Mr. Donovan previously served as President, Chief Financial Officer and a director of Christiana Companies, Inc. and Prideco Inc. prior to their merger with Weatherford International, Inc. in 1999. From 1980 to 1998, he was a Principal and Managing Director of Lubar & Co., a private investment and venture capital firm. Prior to joining Lubar & Co., Mr. Donovan was an officer with Manufacturers Hanover Trust Company from 1976 to 1980, where he specialized in merger and acquisition financing. Mr. Donovan received a B.Sc. and an MBA from the University of Notre Dame.

Brian Gibson

Mr. Brian J. Gibson, CFA, is an Independent Director of Precision Drilling Corporation. Brian Gibson is currently Chief Executive Officer and Chief Investment Officer of TAVANI Relationship Investors Ltd., an investment management firm, since August 2015. He was the Senior Vice President, Public Equities and Hedge Funds of Alberta Investment Management Corp. (AIMCo) from December 2008 until his retirement in May 2012. Previously, he served as President of Panoply Capital Asset Management Inc., a private investment firm, and as Senior Vice President, Equities of the Ontario Teachers’ Pension Plan. He is a director of INFOR Acquisition Corp., a TSX-listed special purpose acquisition corporation formed for the purpose of acquiring one or more businesses or assets. He is also a member of the advisory board of Kruger Inc., a private entity, and a director of Duff & Phelps, a global valuation and corporate finance advisory firm. He is a former director of MacDonald, Dettwiler and Associates Ltd., Viterra Inc., and Westaim Corporation. During his 36-year career, Mr. Gibson has been responsible for the management of various large equity investment portfolios, including those of insurance companies, a chartered bank, pension and mutual funds, and endowments. He has particular expertise in relationship investing and in corporate finance. Mr. Gibson has extensive experience in the analysis of public company financial statements and control standards and serves on the corporate disclosure policy committee of the CFA Institute, which provides regulators with input and suggestions on potential changes in accounting standards and disclosure. Mr. Gibson received a B.Comm. from Laurentian University and an MBA from the University of Toronto and is a Chartered Financial Analyst. He is a graduate of the Directors’ Education Program sponsored by the Institute of Corporate Directors.

Allen Hagerman

Mr. Allen R. Hagerman is an Independent Director of Precision Drilling Corporation. Mr. Hagerman is a private investor and corporate director with over 30 years of experience in the financial management of companies across the energy and mining industries. He served as Executive Vice President of Canadian Oil Sands Limited, an oil sands mining and upgrading entity, from 2008 until his retirement in 2014. He was previously Chief Financial Officer of Canadian Oil Sands Limited from June 2003 to April 2007. Prior thereto, he held senior positions at Fording Canadian Coal Trust, Fording Inc., Hudson’s Bay Oil and Gas, Home Oil Company Limited and InterHome Energy Inc. Mr. Hagerman is chairman of the board of TransAlta Renewables Inc. and a director of the Calgary Exhibition and Stampede, a not-for-profit entity. He is also a member of the Financial Executives Institute and a past President of Financial Executives Institute, Calgary Chapter, as well as a past chair of the Alberta Children’s Hospital Foundation. Previous board positions include Capital Power Income LP where he was lead director, Mongolia Minerals Corporation, Syncrude Canada Ltd., and the University of Calgary. He is a Fellow of the Institute of Chartered Accountants of Alberta and recipient of its Distinguished Service Award. Mr. Hagerman received a B.Comm. from the University of Alberta and an MBA from Harvard Business School. Mr. Hagerman is a graduate of the Directors’ Education Program sponsored by the Institute of Corporate Directors.

Catherine Hughes

Ms. Catherine J. Hughes is an Independent Director of Precision Drilling Corporation. Ms. Hughes is an independent business person with over 27 years of experience in the oil and gas industry. Most recently, she was the Executive Vice President, International of Nexen Inc. from December 2011 until her retirement in April 2013. In this role, she was responsible for all production, development and project activities outside of Canada and global exploration. She was also Vice President, Operational Services, Technology and Human Resources of Nexen from September 2009 to November 2011. Prior to joining Nexen, she was Vice President, Oil Sands of Husky Energy Inc. from November 2007 to January 2009. Ms. Hughes also worked in the oilfield services industry prior to her roles in the upstream sector. She spent many years with Schlumberger Limited and held key positions in various countries, including Italy, Nigeria, Scotland and France, and was President of Schlumberger Canada Ltd. for five years, based in Calgary. She currently serves on the board of Statoil ASA. Ms. Hughes is a Professional Engineer, as designated by the Association of Professional Engineers and Geoscientists of Alberta (APEGA). She received a B.Sc. in electrical engineering from the Institut National des Sciences Appliquées de Lyon, France. She has received a number of awards during her career, including the Key Women in Energy Americas award, the Key Women in Energy Global award and the Consumer’s Choice Business Woman of the Year Award.

Steven Krablin

Mr. Steven Wayne Krablin, CPA is an Independent Director of Precision Drilling Corporation. Mr. Krablin served as President, Chief Executive Officer and Chairman of the Board of T-3 Energy Services, Inc., an oilfield services company that manufactured products used in the drilling, production and transportation of oil and gas, from March 2009 until the sale of the company in January 2011. From 2005 until 2009, Mr. Krablin was a private investor, and from April to August 2008, he served as Executive Vice President and Chief Financial Officer of IDM Group Limited, a provider of drilling equipment and other goods and services to the oil and gas industry. Mr. Krablin is an experienced financial and operational leader with a broad understanding of business globally. From 1996 until his retirement in 2005, he served as Senior Vice President and Chief Financial Officer of National Oilwell Varco Inc. or its predecessors, a manufacturer and distributor of oil and gas drilling equipment and related services and products. Prior to 1996, he served as Senior Vice President and Chief Financial Officer of Enterra Corporation until its merger with Weatherford International, Inc. Mr. Krablin is a director of Hornbeck Offshore Services, Inc., Chart Industries Inc., and Penn Virginia Corporation. Mr. Krablin received a BSBA (Accounting major) from the University of Arkansas and is a retired certified public accountant (CPA). Mr. Krablin does not currently own any Precision shares. As a new director nominee, he will have until May 2019 to meet our share ownership guidelines.

Stephen Letwin

Mr. Stephen Joseph James Letwin is an Independent Director of Precision Drilling Corporation. Mr. Letwin is currently President and Chief Executive Officer and a director of IAMGOLD Corporation, a leading Canadian mid-tier gold mining company, producing approximately one million ounces annually, from five gold mines on three continents. Mr. Letwin was a senior executive with Enbridge Inc. from 1999 to 2010, including Executive Vice President of Gas Transportation and International with responsibility for natural gas operations, a gas distribution company and its international business unit. Before joining Enbridge, he served as President and Chief Operating Officer of TransCanada Energy and was Chief Financial Officer, TransCanada Pipelines Limited, Numac (Westcoast Energy), and Encor Energy. Mr. Letwin is also a director and chairman of OnEnergy Inc. Previous board positions include serving as a director of Carmen Energy Inc., Enbridge Energy Company, Inc. and Gas Metropolitan LP. Mr. Letwin has actively demonstrated his commitment to voluntary leadership throughout his career. He serves as a Patron of UNICEF Alberta, was a former director of YMCA Calgary, served on the board of governors of McMaster University, is an honorary director of West Park Hospital in Toronto, and was an Honorary Colonel for the 14th Service Battalion in Calgary. He was awarded the 2006 Alberta Centennial Medal and in 2013 was awarded the Queen’s Jubilee Medal for his commitment to the community. Mr. Letwin received a B.Sc. (Honors) from McMaster University and an MBA from the University of Windsor. He is a Certified General Accountant and attended the Advanced Management Program at Harvard Business School.

Kevin Meyers

Dr. Kevin Omar Meyers Ph.D. is an Independent Director of Precision Drilling Corporation. Kevin Meyers is an independent energy consultant and corporate director. He currently serves on the boards of Bill Barrett Corporation, Denbury Resources Inc., Hess Corporation, and Hornbeck Offshore Services, Inc. Dr. Meyers has over 35 years of experience in the energy industry, having retired from ConocoPhillips at the end of 2010. For the 10 years prior to his retirement, he was a senior executive of ConocoPhillips, most recently as Senior Vice President Exploration and Production, Americas. Before that, he was President of ConocoPhillips Canada, President of ConocoPhillips Russia and Caspian and President of ConocoPhillips Alaska. While in Russia from 2004 to 2006, Dr. Meyers served on the board of LUKOIL and was the lead resident executive of the COP/LUKOIL strategic alliance. Prior to joining ConocoPhillips in 2002, he served in engineering, technical and executive positions with ARCO, last serving as President of ARCO Alaska. Dr. Meyers has served on several boards, including the board of regents of the University of Alaska and the Nature Conservancy of Alaska. Dr. Meyers received a B.A. in chemistry and mathematics from Capital University and a Ph.D. in chemical engineering from the Massachusetts Institute of Technology.

Basic Compensation

Name Fiscal Year Total

Robert Phillips

308,500

Kevin Neveu

4,316,270

Carey Ford

--

Niels Espeland

2,017,620

Gene Stahl

1,842,260

Veronica Foley

--

Douglas Evasiuk

--

Darren Ruhr

961,947

William Donovan

206,000

Brian Gibson

198,500

Allen Hagerman

206,000

Catherine Hughes

193,500

Steven Krablin

120,212

Stephen Letwin

193,500

Kevin Meyers

207,000
As Of  30 Dec 2015