Edition:
United Kingdom

Precision Drilling Corp (PD.TO)

PD.TO on Toronto Stock Exchange

4.87CAD
20 Sep 2018
Change (% chg)

-- (--)
Prev Close
$4.87
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,601,560
52-wk High
$5.33
52-wk Low
$2.89

Summary

Name Age Since Current Position

Steven Krablin

68 2017 Independent Chairman of the Board

Kevin Neveu

57 2009 President, Chief Executive Officer, Non-Independent Director

Carey Ford

2016 Chief Financial Officer, Senior Vice President

Gene Stahl

2008 President - Drilling Operations

Veronica Foley

2016 Senior Vice President, General Counsel, Corporate Secretary

Douglas Evasiuk

2012 Senior Vice President - Sales and Marketing, North America

Grant Hunter

Senior Vice President - U.S. Operations

Shuja Goraya

2018 Chief Technology Officer

Darren Ruhr

2018 Chief Administrative Officer

Susan MacKenzie

57 2017 Director

David Williams

61 2018 Director

Michael Culbert

60 2017 Independent Director

William Donovan

66 2008 Independent Director

Brian Gibson

62 2011 Independent Director

Allen Hagerman

66 2006 Independent Director

Kevin Meyers

64 2011 Independent Director

Biographies

Name Description

Steven Krablin

Mr. Steven Wayne Krablin, CPA is Independent Chairman of the Board of Precision Drilling Corporation. Mr. Krablin is a private investor and has over 30 years of experience as a corporate executive in the energy industry. Most recently, he served as President, Chief Executive Officer and Chairman of the Board of T-3 Energy Services, Inc., an oilfield services company that manufactured products used in the drilling, production and transportation of oil and gas, from March 2009 until January 2011. Mr. Krablin is an experienced financial and operational leader with a broad understanding of business globally. He has also served as Chief Financial Officer of oil and gas service and manufacturing companies, including National Oilwell, Inc. and Enterra Corporation. Mr. Krablin is currently a director of Hornbeck Offshore Services, Inc. and Chart Industries, Inc. Mr. Krablin received a BSBA (Accounting major) from the University of Arkansas and is a retired certified public accountant (CPA).

Kevin Neveu

Mr. Kevin A. Neveu is President, Chief Executive Officer, Director of Precision Drilling Corporation. Mr. Neveu is President and Chief Executive Officer and a director of Precision Drilling Corporation and has held these positions since joining the company in 2007. Mr. Neveu has 36 years of experience in the oilfield services sector holding technical, marketing, management and senior leadership positions over his career. Previously, Mr. Neveu was President of the Rig Solutions Group of National Oilwell Varco in Houston and held senior management positions with it and its predecessor companies in London, Moscow, Houston, Edmonton and Calgary. Mr. Neveu currently serves as a Director of Finning International and is a former board member of Bonanza Creek Energy and Rig Net. He is also a member of the Advisory Board for the Heart and Stroke Foundation of Alberta, and an Advisor for the University of Calgary’s School of Public Policy. Mr. Neveu is a past director and member of the Executive Committee for the International Association of Drilling Contractors. Mr. Neveu holds a Bachelor of Science degree, is a graduate of the Faculty of Engineering at the University of Alberta and is a registered Professional Engineer in the province of Alberta. He has also completed the Harvard Advanced Management Program.

Carey Ford

Mr. Carey T. Ford is a Chief Financial Officer, Senior Vice President of the Company. Senior Vice President and Chief Financial Officer since May 2016, Interim Chief Financial Officer from March 2016 to May 2016, Senior Vice President, Operations Finance from April 2015 to March 2016, Vice President, Finance & Investor Relations from May 2011 to March 2015.

Gene Stahl

Mr. Gene C. Stahl is President - Drilling Operations of Precision Drilling Corporation. President, Drilling Operations since 2008, Assumed responsibilities for Precision’s global drilling operations in January 2017.

Veronica Foley

Ms. Veronica H. Foley is Senior Vice President, General Counsel, Corporate Secretary of the Company. Senior Vice President, General Counsel and Corporate Secretary since May 2016, Vice President, Legal and Corporate Secretary from January 2015 to May 2016, Associate General Counsel, Americas, from April 2012 to January 2015.

Douglas Evasiuk

Mr. Douglas B. Evasiuk is Senior Vice President - Sales and Marketing, North America of Precision Drilling Corporation. Senior Vice President, Sales and Marketing – North America since February 2012, Vice President, Sales and Marketing – North America from February 2011 until February 2012.

Grant Hunter

Mr. Grant Hunter is Senior Vice President - U.S. Operations of the Company. He was appointed to his current position in 2007 and relocated to Houston, Texas, to establish our operations in the U.S. Mr. Hunter joined Precision in 1980 as a driller and assumed increasing levels of responsibility including Field Superintendent and Operations Manager. He has over 37 years of experience in the oilfield industry and began his career in 1976 in southwestern Alberta

Shuja Goraya

Mr. Shuja Goraya is Chief Technology Officer of the Company. Mr. Shuja Goraya as Chief Technology Officer will lead our strategic drilling technology initiatives designed to significantly enhance drilling process efficiency by leveraging automation, innovating new surface and downhole drilling hardware and software solutions, and optimizing data analytics. Mr. Goraya has over 24 years of experience in the oil and gas industry working in technology management and drilling operations roles at Schlumberger Ltd. in the United States, Canada, Middle East, Africa, and Asia. Mr. Goraya was most recently Vice President of the North American Drilling Group responsible for Directional Drilling, Drilling Tools, Fluids, Bits, Integrated Projects and Land Rigs. Mr. Goraya brings a wealth of technical and operational experience to Precision specifically in the areas of drilling optimization, drilling technologies, directional drilling, borehole and drill string dynamics and digital transformation. Mr. Goraya holds a Bachelor of Science degree in Electrical Engineering and will be based out of our Houston corporate office.

Darren Ruhr

Mr. Darren J. Ruhr is Chief Administrative Officer of the Company. He serves as Vice President of Corporate Services since 2009. Prior to that, Mr. Ruhr was Vice President of Corporate Services & Corporate Secretary from 2005 to 2009.

Susan MacKenzie

Ms. Susan M. MacKenzie is Director of the company. She has been an independent consultant since 2009. Previously, she served as Chief Operating Officer with Oilsands Quest Inc. Prior to that role, Ms. MacKenzie was employed for twelve years at Petro-Canada prior to its merger with Suncor Energy Inc, where she served as Vice President of Human Resources and Vice President of In Situ Development and Operations. Ms. MacKenzie was also employed for fourteen years with Amoco Canada, serving in a variety of engineering and leadership roles in natural gas, conventional oil and heavy oil exploitation. Ms. MacKenzie serves on several boards, including Freehold Royalties Ltd., TransGlobe Energy Corporation, Fortis Alberta, and Enerplus Corporation. She previously served on the boards of Safe Haven Foundation of Canada, Calgary Women’s Emergency Shelter and Foothills Academy Society. Ms. MacKenzie holds a Bachelor of Engineering (Mechanical) degree from McGill University and a Master of Business Administration from the University of Calgary. She is a graduate of the Directors’ Education Program sponsored by the Institute of Corporate Directors.

David Williams

Mr. David W. Williams is Director of the Company. Mr. Williams contributed to many industry organizations throughout his career, including The National Petroleum Council, the Society of Petroleum Engineers and The American Bureau of Shipping. Additionally, Mr. Williams served as a director of the Well Control Institute, and served as chairman and executive committee member of the International Association of Drilling Contractors. Mr. Williams was also a board member of the American Petroleum Institute (API), and served as API's chairman of the general membership committee and as a member of API's executive committee. Mr. Williams currently serves as a member of the Houston Museum of Natural Science board of trustees, the board of the National Ocean Industries Association and is a member of the board of Spindletop Charities. Mr. Williams has over 35 years of experience in the offshore drilling industry having most recently served as chairman, president and chief executive officer of Noble Corp. from January, 2008, to January, 2018. Prior to joining Noble in 2006, Mr. Williams served as executive vice-president of Diamond Offshore Drilling Inc.

Michael Culbert

Mr. Michael Robert Culbert is Independent Director of the Company. Michael Culbert is Vice Chairman of Progress Energy Canada Ltd., a wholly owned subsidiary of PETRONAS, Malaysia’s integrated energy corporation. Prior to becoming Vice Chairman, Mr. Culbert served as President and CEO of Progress Energy Canada Ltd. from 2004 to 2016. Mr. Culbert also served as President of Pacific NorthWest LNG from 2014 to 2016 where he led an international consortium through a successful regulatory and consultation process. He served as Vice President of Marketing and Business Development at Encal Energy Ltd. from 1995 to 2001 and worked in various positions within Finance and Marketing at Home Oil Company Ltd. Mr. Culbert currently serves on the Board of Directors of Progress Energy, Enerplus Corporation and Reserve Royalty and has also previously served on a number of other private and public energy company boards. Mr. Culbert is a past member of the Canadian Association of Petroleum Producers Board of Governors. Mr. Culbert holds a Bachelor of Science degree in Business Administration from Emmanuel College.

William Donovan

Mr. William T. Donovan is Independent Director of Precision Drilling Corporation. Mr. Donovan is a private equity investor and has served as a director of several public and private companies in the United States, the United Kingdom and Russia. Mr. Donovan was Chair of the Board of Rockland Industrial Holdings, LLC, a privately-held Wisconsin entity engaged in the manufacturing of wood flooring products for the truck trailer and domestic container industries from April 2006 to December 2013. Mr. Donovan joined the board of Silgan Holdings in January 2018. Previously, he was a director of Grey Wolf, Inc. from June 1997 to December 2008, prior to its acquisition by Precision Drilling Trust and his subsequent appointment as a director of Precision in December 2008. From 1997 to 2005, he served as President, Chief Executive Officer and a director of Total Logistics, Inc., a Wisconsin corporation engaged in various operating and investment activities. Mr. Donovan previously served as President, Chief Financial Officer and a director of Christiana Companies, Inc. and Prideco Inc. prior to their merger with Weatherford International, Inc. in 1999. From 1980 to 1998, he was a Principal and Managing Director of Lubar & Co., a private investment and venture capital firm. Prior to joining Lubar & Co., Mr. Donovan was an officer with Manufacturers Hanover Trust Company from 1976 to 1980, where he specialized in merger and acquisition financing. Mr. Donovan received a B.Sc. and an MBA from the University of Notre Dame.

Brian Gibson

Mr. Brian J. Gibson, CFA, is Independent Director of Precision Drilling Corporation. Mr. Gibson is currently Chief Executive Officer and Chief Investment Officer of TAVANI Relationship Investors Ltd., an investment management firm, a position he has held since August 2015. He was the Senior Vice President, Public Equities and Hedge Funds of Alberta Investment Management Corp. (AIMCo) from December 2008 until his retirement in May 2012. Previously, he served as President of Panoply Capital Asset Management Inc., a private investment firm, and as Senior Vice President, Equities of the Ontario Teachers’ Pension Plan. Mr. Gibson is a member of the advisory board of Kruger Inc., a private entity firm. He is a former director of Duff & Phelps, INFOR Acquisition Corp, MacDonald, Dettwiler and Associates Ltd., Viterra Inc., WestJet Airlines Ltd. and Westaim Corporation. During his 38 year career, Mr. Gibson has been responsible for the management of various large equity investment portfolios, including those of insurance companies, a chartered bank, pension and mutual funds, and endowments. He has expertise in relationship investing and in corporate finance. Mr. Gibson has extensive experience in the analysis of public company financial statements and control standards and serves on the Corporate Disclosure Policy committee of the CFA Institute, which provides regulators with input and suggestions on potential changes in accounting standards and disclosure. Mr. Gibson received a B.Comm. from Laurentian University, an MBA from the University of Toronto and is a Chartered Financial Analyst. He is a graduate of the Directors’ Education Program sponsored by the Institute of Corporate Directors.

Allen Hagerman

Mr. Allen R. Hagerman, CPA, is Independent Director of Precision Drilling Corporation. Mr. Hagerman is a private investor and corporate director with over 30 years of experience in the financial management of companies across the energy and mining industries. He served as Executive Vice President of Canadian Oil Sands Limited, an oil sands mining and upgrading entity, from 2008 until his retirement in 2014. He was previously Chief Financial Officer of Canadian Oil Sands Limited from June 2003 to April 2007. Prior to this, he held senior positions at Fording Canadian Coal Trust, Fording Inc., Hudson’s Bay Oil and Gas, Home Oil Company Limited and InterHome Energy Inc. Mr. Hagerman is Chair of the Board of TransAlta Renewables Inc. In December 2016, he joined the Board of Directors of Tervita Corporation, a private environmental solutions provider, and serves on the audit committee. He is a former member of the Financial Executives Institute and a past President of Financial Executives Institute, Calgary Chapter, as well as a past Chair of the Alberta Children’s Hospital Foundation. Previous board positions include Capital Power Income LP where he was Lead Director, Mongolia Minerals Corporation, Syncrude Canada Ltd., Calgary Exhibition and Stampede, and the University of Calgary. He is a Fellow of the Institute of Chartered Accountants of Alberta and recipient of its Distinguished Service Award. Mr. Hagerman received a B.Comm. from the University of Alberta and an MBA from Harvard Business School. Mr. Hagerman is a graduate of the Directors’ Education Program sponsored by the Institute of Corporate Directors.

Kevin Meyers

Dr. Kevin Omar Meyers Ph.D. is Independent Director of Precision Drilling Corporation. Mr. Meyers is an independent energy consultant and corporate director. He currently serves on the boards of Denbury Resources Inc., Hess Corporation, and Hornbeck Offshore Services, Inc. Dr. Meyers has over 35 years of experience in the energy industry, having retired from ConocoPhillips at the end of 2010. For the 10 years prior to his retirement, he was a senior executive of ConocoPhillips, most recently as Senior Vice President Exploration and Production, Americas. Before that, he was President of ConocoPhillips Canada, President of ConocoPhillips Russia and Caspian and President of ConocoPhillips Alaska. While in Russia from 2004 to 2006, Dr. Meyers served on the board of LUKOIL and was the lead resident executive of the COP/LUKOIL strategic alliance. Prior to joining ConocoPhillips in 2002, he served in engineering, technical and executive positions with ARCO, last serving as President of ARCO Alaska. Dr. Meyers has served on several boards, including the board of regents of the University of Alaska and the Nature Conservancy of Alaska. Dr. Meyers received a B.A. in chemistry and mathematics from Capital University and a Ph.D. in chemical engineering from the Massachusetts Institute of Technology.

Basic Compensation

Name Fiscal Year Total

Steven Krablin

279,022

Kevin Neveu

6,219,710

Carey Ford

1,960,240

Gene Stahl

1,862,430

Veronica Foley

--

Douglas Evasiuk

1,377,390

Grant Hunter

1,386,110

Shuja Goraya

--

Darren Ruhr

961,947

Susan MacKenzie

68,076

David Williams

--

Michael Culbert

21,332

William Donovan

272,706

Brian Gibson

253,227

Allen Hagerman

272,706

Kevin Meyers

272,706
As Of  31 Dec 2017