|Forum Energy Technologies Announces CFO Succession|
Prady Iyyanki, Forum’s President and CEO, commented, “I want to thank Jim for his leadership and many contributions as Forum’s CFO from its inception twelve years ago. This has been a planned succession move with Jim’s desire to transition to an operating role. I am confident that he will be successful in leading our Drilling and Subsea segment.
“Pablo has been an integral part of Forum’s development, including our initial public offering and the completion of over twelve merger and acquisition transactions during his tenure. His leadership, experience, and excellent judgement will ensure a smooth transition into his new position as our Chief Financial Officer. I have the highest level of confidence in his ability to create shareholder value and help drive profitable growth.”
Pablo joined Forum in 2011 as Vice President, Corporate Development and
has held positions with increasing responsibility. Most recently, he
served as Senior Vice President – Finance, with oversight of Forum’s
corporate development, investor relations, accounting, tax and treasury
functions. Prior to joining Forum, he was an investment banker in the
Forum Energy Technologies is a global oilfield products company, serving the drilling, subsea, completions, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe. For more information, please visit www.f-e-t.com.
Forum Energy Technologies, Inc.