KOIL Energy Announces Changes to Its Finance Team
KOIL Energy Solutions (OTCQB: KLNG) announced that Vice President of Finance and Administration, Trevor Ashurst, will resign effective February 1, 2025. President and CEO Erik Wiik acknowledged Ashurst's significant contributions during his tenure, particularly in the company's rebranding efforts, establishment of a new state-of-the-art facility, and improvement of profitability. To support its growth trajectory, KOIL Energy has engaged SNRG , an Executive Search Firm, to recruit both a Chief Financial Officer and a Human Resources Manager.
KOIL Energy Solutions (OTCQB: KLNG) ha annunciato che il Vicepresidente della Finanza e Amministrazione, Trevor Ashurst, si dimetterà con effetto dal 1° febbraio 2025. Il Presidente e CEO Erik Wiik ha riconosciuto i significativi contributi di Ashurst durante il suo mandato, in particolare nei progetti di rebranding dell'azienda, nella creazione di una nuova struttura all'avanguardia e nel miglioramento della redditività. Per supportare il proprio percorso di crescita, KOIL Energy ha ingaggiato SNRG, una società di ricerca di executive, per reclutare sia un Direttore Finanziario che un Manager delle Risorse Umane.
KOIL Energy Solutions (OTCQB: KLNG) anunció que el Vicepresidente de Finanzas y Administración, Trevor Ashurst, renunciará a partir del 1 de febrero de 2025. El Presidente y CEO Erik Wiik reconoció las importantes contribuciones de Ashurst durante su mandato, especialmente en los esfuerzos de cambio de marca de la empresa, el establecimiento de una nueva instalación de última generación y la mejora de la rentabilidad. Para apoyar su trayectoria de crecimiento, KOIL Energy ha contratado a SNRG, una firma de búsqueda de ejecutivos, para reclutar tanto un Director Financiero como un Gerente de Recursos Humanos.
KOIL Energy Solutions (OTCQB: KLNG)는 재무 및 관리 부사장 Trevor Ashurst가 2025년 2월 1일부로 사임한다고 발표했습니다. 사장 겸 CEO Erik Wiik는 Ashurst가 재직 중에 회사의 리브랜딩 노력, 최첨단 시설 설립, 수익성 개선 등에서 중요한 기여를 했음을 인정했습니다. 성장 경로를 지원하기 위해 KOIL Energy는 임원 검색 회사인 SNRG를 통해 Chief Financial Officer와 인사 관리자 두 직책을 모집하고 있습니다.
KOIL Energy Solutions (OTCQB: KLNG) a annoncé que le vice-président des finances et de l'administration, Trevor Ashurst, démissionnera à compter du 1er février 2025. Le président et PDG Erik Wiik a reconnu les contributions significatives d'Ashurst durant son mandat, en particulier dans les efforts de repositionnement de l'entreprise, l'établissement d'une nouvelle installation à la pointe de la technologie et l'amélioration de la rentabilité. Pour soutenir sa trajectoire de croissance, KOIL Energy a engagé SNRG, une société de recherche de cadres, pour recruter un directeur financier et un responsable des ressources humaines.
KOIL Energy Solutions (OTCQB: KLNG) gab bekannt, dass der Vizepräsident für Finanzen und Verwaltung, Trevor Ashurst, zum 1. Februar 2025 zurücktritt. Präsident und CEO Erik Wiik würdigte Ashursts bedeutende Beiträge während seiner Amtszeit, insbesondere bei den Neugestaltungsmaßnahmen des Unternehmens, der Errichtung einer neuen hochmodernen Einrichtung und der Verbesserung der Rentabilität. Um das Unternehmenswachstum zu unterstützen, hat KOIL Energy die Executive Search Firma SNRG beauftragt, sowohl einen Chief Financial Officer als auch einen Personalmanager zu rekrutieren.
- Company is actively seeking to strengthen executive team with CFO and HR Manager roles
- Previous leadership contributed to improved profitability and facility modernization
- Loss of key executive (VP of Finance and Administration) could create temporary leadership gap
- Additional expenses expected for executive recruitment and compensation
HOUSTON, Jan. 15, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG) today announced the resignation of Mr. Trevor Ashurst from his position as Vice President of Finance and Administration, effective February 1, 2025.
Mr. Erik Wiik, President and CEO of KOIL Energy, expressed his gratitude for Mr. Ashurst's contributions during a transformative period for the company. “Trevor played a crucial role in the rebranding, the establishment of a new state-of-the-art facility, and significantly enhancing our profitability. We extend our best wishes to him in his future endeavors."
To support KOIL’s ongoing growth, the company has partnered with the Executive Search Firm SNRG Corporation to recruit a Chief Financial Officer and a Human Resources Manager.
About KOIL
KOIL is a leading energy services company offering subsea equipment and support services to the world’s energy and offshore industries. Founded in 1997, the Houston-based company is comprised of world-class experts in engineering and manufacturing who provide innovative solutions to complex customer challenges with a fearless commitment to Energizing the Future. KOIL’s highly experienced team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects located anywhere in the world. Visit www.koilenergy.com to learn more.
Contact:
ir@koilenergy.com
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