Canada’s Cordy Oilfield Services Inc. reported Sept. 19 that its new executive team will be led by CEO Darrick J. Evong. Rick Manhas will be COO and Luke Caplette will be CFO.
David Mullen, the outgoing CEO and largest shareholder, will remain on the board of directors as the chairman, Cordy added.
Since May 2014, Evong’s consulting company has provided M&A-related services and strategic business consultation to private and public companies in western Canada.
Evong began working as a consultant to Cordy in February 2015, working with Mullen and the board of directors. He led the right-sizing of Cordy, including liquidation of noncore assets and operations and the payment of about CA$12million in secured debt.
Previously, Evong worked at TSX Exchange-listed companies, taking increasingly senior roles.
He is a chartered accountant and chartered business valuator and has worked in oilfield services and transportation for more than 10 years.
Manhas, who is an environmental waste management specialist, will provide environmental services and solutions to Cordy.
Manhas has worked for more than 18 years in the industry, handling regulatory permitting, health and safety, operations, and water and waste treatment and recycling.
Most recently, he was a vice president of operations for a publicly traded oilfield services company, overseeing its U.S. development and operations.
Manhas earned a bachelor's degree from the University of Northern British Columbia and is a professional agrologist.
Caplette has worked at Cordy for two and a half years and most recently was the corporate controller. He helped handle Cordy’s right-sizing initiative.
Caplette is a chartered accountant and has 7 years’ accounting and finance experience with private and publicly listed companies. He began his career at a major international accounting firm and moved into the oilfield services industry.
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