MONCTON, New Brunswick (November 2, 2015) – Denis Larocque, Chief Executive Officer of Major Drilling Group International Inc. (TSX:MDI), is pleased to announce that following an external search in which he was a candidate, Mr. David Balser, currently VP Finance, has been promoted to the position of Chief Financial Officer (« CFO »). As well, Mr. Larocque is pleased to announce the promotions of Marc Landry to the new position of VP – IT and Logistics, and Ben Graham to the new position of VP – HR and Safety.
Mr. Larocque stated, “Major Drilling is focused on developing future successors for critical roles and these appointments are a direct result of those efforts. The appointment of Mr. Balser as CFO ensures continuity of vision and culture for the Company. David has 25 years of financial experience and joined Major Drilling in 2004. He has been involved in our financial reporting, treasury, and acquisition activities, and has built an intimate knowledge of our domestic and international drilling operations.”
“I am also pleased to report the promotions of both Marc Landry and Ben Graham. These promotions are in line with our focus to be ready for the next upturn from a logistics, HR and safety perspective. In a cyclical industry like ours, the ability to efficiently manage our inventory and equipment across various geographies is a key element to our success, and our focus on the safety of our employees will become even more important in the next upturn as we expand the workforce.”
“Marc Landry, currently our Corporate Controller, joined the Company in 2005 and has been instrumental in the implementation of our accounting systems across the organization. Ben Graham, currently our Director of HR and Safety, joined the Company in 2007 and led the efforts helping us to achieve 7,000,000 hours without a lost time injury as well as implementing our Core College, which is a key part of our staff development.