Offshore Logistics Announces George Small's Retirement.
Energy Editors/Business Editors
LAFAYETTE, La.--(BUSINESS WIRE)--April 28, 2004
Offshore Logistics, Inc. (NYSE NYSE
See: New York Stock Exchange :OLG OLG Oberlandesgericht (German Court)
OLG Office of Local Government
OLG on Line Gaming ) announced today that its Chief Executive Officer and President, George M. Small will retire later this year. Mr. Small was named CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. in May 2002 after holding the positions of President since 1997 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. from 1999 to 2002. He joined the Company in 1977 and has held a variety of management and officer positions during his 27 year career at Offshore Logistics.
The Company said its Board of Directors has begun a search for a replacement for Mr. Small who will remain with the Company for six months following the naming of a new CEO to provide for a smooth transition in leadership.
Kenneth M. Jones, Chairman of Offshore Logistics' Board of Director's commented, "We are grateful to George for his 27 years of dedicated service and commitment to Offshore Logistics. He has been instrumental in the growth and success of our Company and his leadership, insight and knowledge of the oil service industry will be missed. The Board is actively pursuing the search for his successor who can continue to lead us forward."
Offshore Logistics, Inc. is a major provider of helicopter transportation services to the oil and gas industry worldwide. Through its subsidiaries, affiliates and joint ventures, the Company provides transportation services in most oil and gas producing regions including the United States Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico
Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east and Alaska, the North Sea, Africa, Mexico, South America, Australia, Egypt and the Far East. The Company's Common Stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE)
World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol OLG.