William J. Dore to Receive 2000 Horatio Alger Award for Personal, Professional Achievement.Business Editors CARLYSS, La.--(BUSINESS WIRE)--May 5, 2000 William J. Dore, Chairman and Chief Executive Officer of Global Industries, Ltd., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GLBL GLBL Great Lakes Baseball League ) has been selected one of 10 outstanding individuals to receive the 2000 Horatio Alger Award The Horatio Alger Award is an American award, given to individuals who have succeeded in the face of adversity. It is named for the author of rags-to-riches dime novels, Horatio Alger, Jr. External link
The award recipients were chosen from hundreds of nominations and will be honored during the 53rd Annual Horatio Alger Awards Ceremony May 4 through 6, 2000, in Washington, D.C. Past recipients of the Horatio Alger Award have included Colin Powell, Maya Angelou, Billy Graham, and Hank Aaron. Among others receiving the award this week are actor/producer Tom Selleck, as well as Thomas C. Cundy, Chairman and Chief Executive Officer of CUNDY (a leading employee benefit consulting firm), and Mark Victor Hansen, co-creator of the Chicken Soup chicken soup Chicken broth Folk medicine Jewish penicillin A fowl broth with a long tradition as a home remedy for URIs, which may be a nasal decongestant, inhibit growth of pneumococci in vitro, and stimulate immune responsiveness in WBCs Mainstream medicine A for the Soul series. William Dore earned a master's degree in education from McNeese State University in Lake Charles, La., and entered the offshore construction business in 1969 as a marketing representative for Global Divers & Contractors, Inc., a provider of diving services to the oil and gas industry. In 1973, at the age of 30, he purchased Global Divers and diversified its services to include pipelay, platform installation and removal, deepwater construction, liftboat services, remotely operated vehicle Remotely operated underwater vehicles (ROVs) is the common accepted name for tethered underwater robots in the offshore industry. ROVs are unoccupied, highly maneuverable and operated by a person aboard a vessel. (ROV ROV Remotely Operated Vehicle ROV Real Options Valuation ROV Return on Value ROV Range of View ROV Rostov, Russia - Rostov (Airport Code) ROV Roll-Over Valve (automotive fuel tanks) ROV Range of Value ) technology, and abandonment management. Under his leadership, Global capitalized upon a series of 10 major acquisitions since 1973, including Sea-Con Services, Inc. (a division of Chicago Bridge & Iron Company) in 1987, Santa Fe Offshore Construction Company in 1990, Teledyne Movible Offshore in 1992, The Red Adair Company in 1993, and selected assets and operational bases of SubSea Subsea is a general term frequently used to refer to equipment, technology, and methods employed to explore, drill, and develop oil and gas fields that exist below the ocean floors. This may be in "shallow" or "deepwater". International (a Halliburton Company subsidiary) in 1997. The company completed its initial public offering as Global Industries in 1993 and was listed by Forbes as one of the best small companies in America in both 1996 and 1997. Today, Global operates the largest fleet of marine construction assets in the world. For his achievements in the field of commercial diving, William Dore received the 1999 John B. Galletti Award from the Association of Diving Contractors. He has also been awarded the 2000 Rhodes Petroleum Industry Leadership Award from the Petroleum Division of the American Society of Mechanical Engineers (body) American Society of Mechanical Engineers - (ASME) A group involved in CAD standardisation. for significant contribution to the petroleum industry demonstrated through management and motivational skills, entrepreneurship, innovative methods, and outstanding leadership. He is past president of the Association of Diving Contractors and the Offshore Pipeline Contractors Association and a past director of the National Ocean Industries Association. The Horatio Alger Association of Distinguished Americans is a non-profit educational association named for the 19th century American author Horatio Alger, whose characters personified the climb from humble beginnings to personal and professional success. Global Industries provides pipeline construction, platform installation and removal, and diving services to the oil and gas industry in the 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 , West Africa, Asia Pacific, Middle East/India, and Mexico's Bay of Campeche Noun 1. Bay of Campeche - a part of the Gulf of Mexico to the west of Yucatan Golfo de Campeche, Gulf of Campeche Mexico, United Mexican States - a republic in southern North America; became independent from Spain in 1810 . The company's shares are traded on the NASDAQ National Market System under the symbol "GLBL." For more information, contact Corporate Development, Global Industries, Ltd., 5151 San Felipe, Suite 900, Houston, Texas 77056. Tel. (713) 479-7663 or www.globalind.com. For additional news releases on Global Industries, Ltd., please visit Global's web site at www.globalind.com. |
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