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United Kingdom

Pason Systems Inc (PSI.TO)

PSI.TO on Toronto Stock Exchange

20.11CAD
12 Oct 2018
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Summary

Name Age Since Current Position

James Hill

67 2011 Executive Chairman of the Board

Marcel Kessler

51 2012 President, Chief Executive Officer, Director

Jon Faber

2014 Chief Financial Officer

David Elliott

2016 Vice President - Finance

Bryce McLean

2017 Vice President - Operations, Canada

Kevin Lo

2015 Vice President - New Ventures

Lars Olesen

2017 Vice President - Product Management

Russell Smith

2015 Vice President - International Operations

Ryan Van Beurden

2017 Vice President - Rigsite Research and Development

Kevin Boston

2017 Vice President - Business Development

Melinda Ando

2015 General Counsel and Corporate Secretary

Timur Kuru

2016 President and General Manager - USA

James Howe

68 2011 Lead Independent Director

T. Jay Collins

71 2012 Independent Director

Judi Hess

59 2015 Independent Director

Biographies

Name Description

James Hill

Mr. James D. Hill is Executive Chairman of the Board of Pason Systems Inc. He served as Pason’s President and Chief Executive Officer for 25 years, has been a director of the Corporation since 1996, and is currently the Chairman of the Board. His career includes previous experience as the Secretary-Treasurer with Badger Drilling Ltd. and prior to that, he spent five years with Ernst & Young in various capacities, including working as an Audit Manager. Mr. Hill served on the Board of Directors of the Petroleum Services Association of Canada and the Board of the Canadian Association of Drilling Engineers. He is a member of the Institute of Chartered Accountants of Alberta and holds a degree in Industrial Engineering from the University of Toronto.

Marcel Kessler

Mr. Marcel Kessler is a President, Chief Executive Officer, Director of Pason Systems Inc. Marcel joined Pason in November 2011, and is an experienced executive who has worked in several European countries, the United States, and South America before moving to Canada in 2000. Prior to joining Pason, Marcel was President, North America, of Exploration Logistics Group. His career also includes the positions of President and Chief Executive Officer of CCR Technologies Ltd. and Partner at McKinsey & Company. Marcel holds a Master of Engineering at the Swiss Federal Institute of Technology as well as a Master of Finance from the London Business School.

Jon Faber

Mr. Jon Faber, CFA, CBV, is a Chief Financial Officer of Pason Systems Inc. He oversees a variety of responsibilities in his role as CFO, including finance and accounting, risk management, investor relations, information technology, and supply chain. Jon is a strategic business partner to the CEO and the executive team, helps to shape the growth agenda and future of Pason as a business, and is the chief financial spokesperson with the company’s external stakeholders. Jon joined Pason as Chief Financial Officer in March 2014. Prior to Pason, Jon worked in investment banking with National Bank Financial, with a dedicated focus on the energy services sector, and a predecessor firm, Wellington West Capital Markets. Jon received a Bachelor of Business Administration from Brock University and a Master of Business Administration from Purdue University and holds the Chartered Financial Analyst, Chartered Business Valuator, and Chartered Professional Accountant designations.

David Elliott

Mr. David Elliott is an Vice President - Finance of Pason Systems Inc.

Bryce McLean

Mr. Bryce McLean is Vice President - Operations, Canada of Pason Systems Inc. He is responsible for providing legal advice and support to the various business units throughout Pason and manages legal services globally. As the corporate secretary, Bryce is also responsible for the official documents of the corporation and ensuring the Board of Directors’ documentation meets corporate governance guidelines. Bryce joined Pason on March 28, 2011 as Legal Counsel and was appointed as a member of Pason’s senior management team on April 16, 2012. Prior to joining Pason, Bryce articled at Field Law and later became an Associate in their business law department. Bryce holds a Bachelor of Science in Business Administration from Valley City State University and received his LL.B from the University of Alberta’s Faculty of Law. He is a member of the Law Society of Alberta, the Canadian Bar Association, the Canadian Corporate Counsel Association, and the Inhouse Counsel Network.

Kevin Lo

Mr. Kevin Lo is Vice President - New Ventures of the Company. He is responsible for identifying and pursuing profitable growth opportunities for Pason beyond our current rig-based core business. This includes opportunities for products and services within the industry as well as outside of oil and gas. Kevin brings more than 14 years of oil and gas capital markets experience, along with a wealth of industry knowledge. Most recently, he served as Managing Director of Institutional Research at FirstEnergy Capital, where he co-led the energy research team. In addition, Kevin served as a publishing analyst in the oilfield services sector. Prior to working in the capital markets, Kevin worked at Wind River Systems, AudeSi Technologies, and Nortel Networks as a field engineer, marketing manager, and firmware designer respectively. Kevin has a Master of Business Administration degree from the University of Calgary and a Bachelor of Science degree in Computer Engineering from the University of Alberta.

Lars Olesen

Mr. Lars Olesen is Vice President - Product Management of the Company. He leads the strategic planning, development, and commercialization of Pason’s innovative suite of rigsite and office products. Lars joined Pason in 1999 as the company’s first marketing and sales representative. During his 18-year tenure Lars has held numerous progressive sales, business development, and product management roles, with the most recent being Director, Rigsite Solutions, Product Line Management. Prior to Pason, Lars spent a number of years with a directional drilling company in a well planning and sales capacity. Lars holds a Bachelor of Commerce degree from the University of Calgary.

Russell Smith

Mr. Russell Smith is Vice President - International Operations of Pason Systems Inc. He leads Pason’s International business unit, which includes field operations, sales, health and safety, logistics, and related support services. The International business unit, which is headquarted in Houston, Texas, oversees Pason’s business interests and provides support to customers in Latin America, Australia, offshore, regions in the Middle East and Africa, as well as our Joint Venture company in Saudi Arabia. Russell joined Pason in July 2010, and most recently held the position of Vice President, Business Development and Marketing. He has over 18 years of oilfield-related experience in business development, sales, and general management. Prior to joining Pason, Russell held various roles with global responsibility at Halliburton and Knowledge Systems. Russell has a Bachelor of Science degree in Industrial Distribution from Texas A&M University.

Ryan Van Beurden

Mr. Ryan Van Beurden is Vice President - Rigsite Research and Development of the Company. He leads the research and development of Pason’s rigsite suite of products. Ryan joined Pason in 2002 as a mechanical engineer. During his 15-year tenure at Pason, Ryan has held various progressive R&D design, management and director roles, with the most recent being Director, Rigsite Products. Prior to Pason, he spent a short time working in gas compression manufacturing and at an E&P operator developing SCADA systems. Ryan has a Bachelor of Science in Mechanical Engineering with Distinction degree from the University of Calgary.

Kevin Boston

Mr. Kevin Boston is Vice President - Business Development of the Company. He leads all aspects of sales, marketing, and business development for Pason USA. Kevin joined Pason in September 2010 and previously held positions of Vice President - Corporate Development, Vice President – International, and General Manager – 3PS Inc. Prior to joining Pason, Kevin advised private equity and corporate clients on MA&A, restructuring, and strategy for Oliver Wyman, a global leader in management consulting. He has worked extensively throughout Europe, the Middle East, Latin America, and North America during his career. Kevin holds a Bachelor of Business Administration in Finance and Accounting and a Master of Business Administration from the University of Texas in Austin.

Melinda Ando

Mr. Melinda Ando is General Counsel and Corporate Secretary of the Company.

Timur Kuru

Mr. Timur Kuru is President and General Manager - USA of the Company. He is responsible for leading and building upon our very successful and established business in the US, defending and expanding our strong market position, and generating new ideas for profitable growth in our biggest market. Timur brings more than 20 years of oil and gas industry experience and working knowledge to Pason. Most recently, he served as Executive Vice President of Solaris, where he led manufacturing, service, and rental operations. Prior to joining Solaris, he was the Vice President of Engineering, Manufacturing, and Operations Support for Key Energy Services. He has also held executive positions at LeTourneau Technologies and Forum Energy Technologies. In addition, Timur’s background includes working for several years with Bain & Company as a management consultant and with Schlumberger where he began his career as field engineer. Timur has a Master’s of Business Administration from Harvard University, and holds both a Bachelor of Science and Master's in Electrical Engineering from Rice University.

James Howe

Mr. James B. Howe, C.A., is Lead Independent Director of Pason Systems Inc. Mr. Howe is President of Bragg Creek Financial Consultants Ltd., a private financial consulting company. He has served as Chief Financial Officer of several public companies and also serves on the board of directors and audit committees of Bengal Energy Ltd., and Ensign Energy Services Inc. Mr. Howe earned a B.A. from the Ivey School of Business at the University of Western Ontario and is a member of the Institute of Chartered Accountants of Alberta. He has been a member of Pason’s Audit Committee for eighteen years.

T. Jay Collins

Mr. T. Jay Collins is a Independent Director of Pason Systems Inc. Since 2002. Mr. Collins has been a director of Oceaneering International, Inc., a global oilfield provider of engineered service and products primarily to the offshore oil and gas industry. He served as Chief Executive Officer of Oceaneering from 2006 to 2011, and prior to that, held numerous senior positions in the company. Mr. Collins has substantial knowledge and experience in the oil and gas industry and has served on numerous industry-related boards, including the National Ocean Industries Association, National Petroleum Council, the American Productivity & Quality Center, the Texas Institute of Science, and the Houston Technology Center. He also serves on the board of CanCare of Houston and the board of Rice University, where he is Chairman of the Council of Overseers at the Jones Graduate School of Business Administration. Mr. Collins holds an Master of Business Administration from Harvard Graduate School of Business, and both his Bachelor of Arts and Master of Engineering in Chemical Engineering degrees are from Rice University.

Judi Hess

Ms. Judi M. Hess is Independent Director of Pason Systems Inc. Ms. Hess is the CEO of Copperleaf Technologies, Inc., a position she has held since 2009. Copperleaf Technologies is a privately-owned enterprise software startup. Previously, she was the President of Creo Inc., a publicly-traded printing technology and workflow company that was acquired by Kodak in 2005. After Kodak’s acquisition, she was named Country Manager of Canadian operations and Corporate Vice President and General Manager of one of Kodak’s global business units. Prior to joining Creo, Judi Hess was at MacDonald Dettwiler and Associates, an aerospace and defense company. She has been a member of the Premier’s Technology Council of British Columbia since 2009.

Basic Compensation

Name Fiscal Year Total

James Hill

25,270

Marcel Kessler

2,035,720

Jon Faber

1,091,900

David Elliott

445,051

Bryce McLean

--

Kevin Lo

--

Lars Olesen

--

Russell Smith

776,859

Ryan Van Beurden

--

Kevin Boston

829,482

Melinda Ando

--

Timur Kuru

1,231,220

James Howe

120,363

T. Jay Collins

136,499

Judi Hess

121,611
As Of  31 Dec 2017