Welcome!

News Feed Item

Bristow Group William Chiles To Retire As CEO At 2014 Annual Meeting - CFO Jonathan Baliff To Succeed Him

Company to host conference call on Monday, February 3 at 9:00 AM Eastern Time

HOUSTON, Feb. 3, 2014 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that William E. Chiles, President and Chief Executive Officer, will retire from those positions at the Company's Annual Meeting of Shareholders on July 31, 2014, and be succeeded by Jonathan E. Baliff, Bristow's Senior Vice President and Chief Financial Officer.

Following the Annual Meeting, Mr. Chiles will also step down from the Board of Directors.  He will remain an employee of Bristow Group in a consulting role through July 31, 2016.  It is anticipated that Mr. Baliff will be nominated for election to the Board at the Annual Meeting.

"We are thrilled that Jonathan will lead Bristow as the Company's next President and CEO," said Tom Knudson, Bristow Group Chairman. "Jonathan is an experienced executive with a unique combination of critical attributes that make him an excellent choice to continue our drive for success.  He has a proven track record of execution, clear strategic vision and global insight, unmatched financial acumen, and an understanding of aviation safety, the international marketplace and our customer base.  He has the utmost integrity and is highly regarded by investors, customers and employees. Over the past year, the Board has thoroughly evaluated several highly qualified candidates, all of whom possessed many of the skills we were looking for in a CEO.  We are confident Jonathan will work well with the rest of our extremely talented senior management team to execute our strategic plans and drive continued growth when Bill steps down.

"On behalf of the Board, I would like to thank Bill for his superb stewardship of Bristow over the past decade.  His leadership has been instrumental in setting a very strong 'tone at the top', producing excellent performance, creating a collaborative culture, and making Bristow the safe, ethical, and strong company it is today."

"I am honored to have been selected to serve as CEO of Bristow," said Mr. Baliff.  "I have had the good fortune to work very closely with Bill over these last few years and appreciate the profound impact he has had on Bristow, including establishing an unwavering commitment to safety, operational excellence and financial strength.  Bristow has an exceptionally strong senior leadership and employee team – all of whom are committed to our enduring core values. I am fortunate to have my colleagues to collaborate with as we pursue our mission to provide the safest and most efficient helicopter services and aviation support worldwide. I know they share my belief that if we do what we do best – be innovative partners to our clients, continue our thoughtful expansion across the globe and provide career development opportunities for our employees – we can continue to be the industry leader for years to come."

"My experience as Bristow's CEO has been very fulfilling and I'm extremely proud of all we have accomplished," said Mr. Chiles.  "Jonathan is a hands-on leader with a commitment to excellence, and I am confident he will build successfully on the platform we have all worked to create.  I have seen firsthand what he is capable of and I am confident that in handing the reins over to Jonathan, Bristow will be in excellent hands for the future." 

Mr. Baliff, 50, joined Bristow as Senior Vice President and Chief Financial Officer in 2010.  At Bristow, as part of the Senior Management Team, he led teams that created and executed the successful "Bristow Value Added" implementation throughout the company, a transformation of the company's capital allocation strategy.  Mr. Baliff was also part of the team that led the successful effort to win the ten bases, £1.5 billion UK Search and Rescue contract.  At NRG Energy Inc., where he served as Executive Vice President, Strategy, Mr. Baliff led the development and implementation of NRG's corporate strategy as well as its efforts to drive top-line growth through acquisitions and business alliances.  Before joining NRG in 2008, he spent 12 years with Credit Suisse, most recently as Managing Director for the Global Energy Group. Mr. Baliff began his career serving on active duty as an aviator in the U.S. Air Force for eight years from 1985 to 1993. He holds a Bachelor of Science degree in Aerospace Engineering from Georgia Tech and a Master of Science in Foreign Service from Georgetown University.

Bristow Group will initiate a search process to fill the Chief Financial Officer position and will be considering both internal and external candidates.  Mr. Baliff will continue to serve in this capacity until he assumes the role of President and CEO at the Annual Meeting.

CONFERENCE CALL

Management will conduct a conference call starting at 9:00 a.m. ET (8:00 a.m. CT) on Monday, February 3, 2014 to discuss today's announcement.  The conference call can be accessed as follows:

Via Webcast:

  • Visit Bristow Group's investor relations Web page at www.bristowgroup.com
  • Live: Click on the link for "Management Announcement"
  • Replay: A replay via webcast will be available approximately one hour after the call's completion and will be accessible for approximately 90 days

Via Telephone within the U.S.:

  • Live: Dial toll free 1-877-941-9205
  • Replay: A telephone replay will be available through February 17 and may be accessed by calling toll free 1-800-406-7325, passcode: 4667305#

Via Telephone outside the U.S.:

  • Live: Dial 1-480-629-9771 
  • A telephone replay will be available through February 17 and may be accessed by calling 1-303-590-3030, passcode: 4667305#

ABOUT BRISTOW GROUP INC.
Bristow Group Inc. is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated and one of two helicopter service providers to the offshore energy industry with global operations. The Company has major transportation operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad.  For more information, visit the Company's website at www.bristowgroup.com.

Contact:


Linda McNeill

Tricia Morley

Investor Relations 

Media Inquiries

(713) 267-7622 

(713) 267-7600

SOURCE Bristow Group Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busi...
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science" is responsible for guiding the technology strategy within Hitachi Vantara for IoT and Analytics. Bill brings a balanced business-technology approach that focuses on business outcomes to drive data, analytics and technology decisions that underpin an organization's digital transformation strategy.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.