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[QUOTE=NumptyAussie;10401648]
Originally Posted by Evil Twin
(Post 10400743)
Truscott is awesome, apart from the Airnorth death pencil flight. The never ending cake fridge is the stuff of legend, I'd almost go back to offshore (and be bored of flying for the rest of my days) to go back to Truscott. There is so much to see there historically and just the camaraderie, better than Karratha or worse Barrow![/QUOTE
what about the 3 roast meat sunday lunches? |
It’s going to be fairly difficult to recruit those aspiring SAR winch/paramedics........or do we think the UK Government will have to step-in to rescue another botched ‘privatisation’ - akin to Virgin East Coast / LNER (British Rail) ? |
Barbados Sky, sadly that is an accurate summary of his tenure. What a waste. |
Barbados, that is very funny! :):):ok::ok:
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Isn't there a valuation of the stock issue as well? not just the share price but a market cap lower limit?
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Like this:
https://www.colonialstock.com/nyse-listings.htm Market cap now below $40m so way below what I think is the level for an established business. |
Bristow Names Don Miller President and CEO and Brian Allman Senior Vice President and CFOhttp://media.corporate-ir.net/media_...ges/spacer.gif HOUSTON, March 1, 2019 /PRNewswire/ -- Bristow Group Inc. (NYSE:BRS) announced that L. Don Miller has been named President and Chief Executive Officer and appointed him as a member of the Board of Directors, which took effect at the close of business on February 28, 2019. Miller previously served as the company's Senior Vice President and Chief Financial Officer. Bristow Group extends its thanks to Thomas Amonett, Executive Vice Chairman of Bristow Group's Board of Directors, for his service as interim President following the announced retirement of previous President and CEO Jonathan Baliff.
"Don's energy, intellect and commitment to the Bristow team and our customers gives the board full confidence in his ability to lead Bristow, the world's leading industrial aviation solutions provider," said Tom Knudson, Director and Chairman of Bristow Group's Board of Directors. "As we continue to navigate through challenging times, Don's steady hand will provide important and needed continuity. Don's knowledge of the business and our clients coupled with his extensive experience in financial and capital markets position him well to lead this great company." Miller joined Bristow Group in 2010 and has held several leadership positions within the company's Finance and Strategy functions, including Vice President of Mergers, Acquisitions and Integration. Miller, a Chartered Financial Analyst (CFA) charterholder, was also named a finalist for the 2018 Houston Business Journal CFO of the Year award."Bristow serves a critical role in the oil and gas and search and rescue industries and beyond, and I'm honored to have the opportunity to lead the company through one of the most dynamic markets in recent history," said Miller. "Bristow has the best employees in the world, with an unwavering commitment to safety and our clients. I'm confident we will continue to provide unparalleled service as we work through our challenges and become an even better long-term partner to our clients."Additionally, the company announced that Brian Allman has been promoted and will replace Miller as Senior Vice President and Chief Financial Officer. Allman was previously Vice President and Chief Accounting Officer for Bristow, and will continue as Bristow's Chief Accounting Officer. Allman joined Bristow in 2006 as Director of Financial Reporting. "Brian is a well-respected financial leader both internally and externally," said Miller. "While leading our global accounting and tax team, Brian played an important role in our recent financings and is fully integrated with our investor relations, internal audit and financial forecasting and modeling functions." |
Interesting to see what the market makes of this.
So it took them 3 months to come up with this appointment. Sounds a bit like no one else wanted the poisoned chalice. So the guy that’s overseen the financial meltdown within the company gets the top job. Hmmm |
The term is "Sacrificial Goat" I believe.
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Originally Posted by SASless
(Post 10403820)
The term is "Sacrificial Goat" I believe.
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First thing that came to mind was the fact that these guys have been there all along -standing very close to the tiller. |
Originally Posted by Apate
(Post 10395301)
This post on the 7th didn't quite get it right.
IF a "big contract" award was about to happen, I wonder if the customer has done a U-turn and decided to run to the hills? :eek: Im told BRS will announce today that the 5yr BP contract has been won. Good news at least for U.K. Oil&Gas!! |
When the house is tumbling down around your ears....I suppose anything remotely good is worthy of comment.
Now explain why one five year contract in the UK is anywhere near Salvation for Bristow.....which is losing contracts all around the World. We need a "Like/Love" Button......the post by Barbados Sky just earned a double tap! :ok::ok: |
Barbados - Exciting New Direction = END :D
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Originally Posted by barbados sky
(Post 10406289)
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Originally Posted by Ainippe
(Post 10407344)
Nice Try but a wind up again lol
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The trajectory has been downhill since BC left. Love him or hate him, he transformed Bristow from a laurel resting arrogant dinosaur into a benchmark for the industry.
JB took only a few years to undo all that work. NEO |
Originally Posted by Tango and Cash
(Post 10403913)
I'm sure he will be well compensated for his sacrifice.
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