Gilmore, a Proserv company and leading provider of flow control solutions, appointed 25-year energy industry veteran David Nemetz as its new CEO on Jan. 20.
Gilmore is a long-established, Houston-based business and has been providing cutting-edge flow control solutions, such as critical service valves and regulators, to the oil and gas industry for more than 50 years. Its wide portfolio of products targets the drilling, downhole, production and wider industrial sectors.
In its release on Jan. 20, Gilmore said Nemetz’s experience of defining and executing strategic growth plans will prove invaluable as Gilmore launches plans to widen its footprint across markets and regions, utilizing both organic and inorganic expansion strategies, through 2021 and beyond.
Commenting on his appointment, Nemetz said: “I am delighted to take on the role of CEO at Gilmore. This business not only has an enviable heritage in the development of flow control solutions, but the unrivaled quality of its products and materials, its shear seal technology, durable in the harshest of environments, and the optimized serviceability of its designs, all supported by the vast talent of the Gilmore team, open up exciting possibilities regarding our future path and what we can offer.”
Nemetz, previously president at Gilmore, joined Proserv in May 2019, serving first as project director. Prior to joining Proserv, he held senior roles at TechnipFMC Plc and FMC Technologies. An engineer by training, he holds a Master of Business Administration degree and has participated in executive education programs through the Wharton School and the Harvard Business School.
With Nemetz at the helm, Gilmore intends to direct its solutions to new segments of oil and gas, including a landmark move into the unconventional drilling space, while it will also harness the reliability and durability of its renowned shear seal technology in severe service environments and apply that to parts of the sector, and other industries, where existing products do not offer the same level of quality or robustness.
“Through 2021,” Nemetz continued, “we will roll out a range of genuinely disruptive products, incorporating exciting new materials, which will take corrosion resistance, debris tolerance and durability in unconventional completions solutions to a whole new level. These will provide a paradigm shift in the reliability and durability of flow control technology available in the market right now.”
Gilmore said it will also actively pursue appropriate business acquisitions that will accelerate penetration into new markets or widen its product capabilities and range.
Nemetz’s senior team is augmented by Ryan Bludau, vice president of technology and business ventures who plays a key role in Gilmore’s inorganic growth strategy and new product development, and Scott Shugart, vice president of operations, who oversees key strategic and logistical functions as the business looks to grow, including fulfilling on-time delivery targets.
Despite the challenges of the global COVID-19 pandemic, Gilmore said it had a resilient year through 2020, supported by its release of seven new products, comprising the latest unveilings from its cutting-edge GEN 2 range of valves and regulators.
David Currie, group CEO at Proserv, stated: “We have set out ambitious plans for Gilmore in the coming few years as it unveils significant product launches and targets entirely new markets. The core fundamentals of Gilmore, from its research and development and design capability, through to its high-quality materials and industry leading qualification testing, are best in class.
“In David Nemetz we are delighted to have appointed a leader with the necessary experience, vision and drive to inspire this excellent team and continually push its flow control technology forwards to fully maximize its potential,” Currie added.
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