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
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone in...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...