Weatherford, a leader in well and production concepts, announced that its board of directors has appointed Girish K. Saligram as President and CEO of the company, effective October 12, 2020. Saligram will also join as a board member.
Prior to this role, Saligram served as the executive director of Exterran Corporation, and prior to that, he served as director of global services after joining the company in 2016. Prior to Exterran Corporation, Saligram spent 20 years with GE in positions of increasing responsibility as functional and business leader in industrial sectors around the world, most recently as General Manager, Downstream Products & Services for GE Oil & Gas. Prior to that, Saligram led GE’s contractual oil and gas business based in Florence, Italy. Prior to eight years in the oil and gas sector, Saligram spent 12 years with GE Healthcare in engineering, services, operations and other commercial functions.
Commenting on the appointment, Charles M. Sledge, Chairman of the Board of Directors, stated, “We are delighted to welcome Mr. Saligram as our new CEO and board member. He is a seasoned executive with extensive international experience in various industries and a deep understanding of the oil and gas sector and is highly competent Weatherford to be able to lead in a future-oriented manner. For more than 25 years, Mr. Saligram has dedicated his career to combining technological innovation and operational excellence to achieve exceptional results – with which he has been able to drive growth strategies for world-leading companies. We know for a fact that he has the leadership skills, business expertise, and perspective that will further strengthen our company and create long-term value for all of our shareholders. “
Saligram said, “I am honored to lead Weatherford and look forward to working with the board, leadership team and global workforce. Weatherford is a recognized industry leader for its extensive technology portfolio, broad global presence, and exceptional quality Culture and very strong customer relationships. I believe these are the elements that drive the company. I look forward to leading Weatherford at a time when we are working towards our strategic goals, achieving our next phase of growth and proving ourselves as market leaders .
Following the appointment of Saligram, Karl Blanchard, Temporary General Manager, will resume his role as Vice President and Chief Executive Officer.
Sledge continued, “The Board of Directors would like to take this opportunity to thank Mr. Blanchard for his exceptionally strong leadership during this transition. Since joining Weatherford , he has been instrumental in improving the company’s financial and operational performance.”
Weatherford operates in more than 80 countries, responds to the challenges of the energy industry with its global talent network of approximately 19,000 team members and 600 locations active in the areas of service, research, development, training and production.
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