CE Franklin Ltd. Announces New President.CALGARY, Alberta--(BUSINESS WIRE)--Sept. 10, 1997--CE Franklin (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CFT; AMEX AMEX See: American Stock Exchange :CFK) announced today that a replacement has been secured for the current president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Gordon Schnell, who will be retiring in October. The new president and chief operating officer, reporting to Chairman and Chief Executive Officer John Gilbank, will be John McCrae who has been serving as vice president of a large Canadian industrial distribution company. In recent years McCrae has led the western divisions of his current company to strong growth in their pipe, valves and fittings business. He is a graduate of McMaster University with a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies and a master's in business administration degree. Gordon Schnell will remain on the company's board of directors and will be continuing in an advisory role in CE Franklin and a Houston-based affiliate. CE Franklin is Canada's leading distributor of supplies to the oil and gas drilling and production industry. Through its 40 locations across Western Canada the Company sells pipe, valves, pumps, fittings, and maintenance supplies; as well as provides services including complete customer inventory procurement and management. Also, the company is a short-line manufacturer for specialized products. CE Franklin's common stock trades on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol CFT and on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbol CFK. CONTACT: CE Franklin Ltd. Kelly O'Sullivan, 800/345-2858 or 403/531-5604 Jean Parker, 403/531-5603 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion