4-Mar-2014 Source: Bristow Group
Bristow have filed the following statement with the US Securities and Exchange Commission:- On March 3, 2014, Mark B. Duncan, Senior Vice President, Commercial of Bristow Group Inc. (the “ Company”), made his decision to leave the Company effective March 8, 2014 in order to pursue other opportunities. Mr. Duncan and the Company are in the process of negotiating a Separation Agreement and Release to specify the terms of his departure from the Company with the benefits and compensation provided in connection therewith anticipated to be substantially consistent with the termination without cause terms set forth in his Amended and Restated Employment Agreement dated June 6, 2006, as amended March 10, 2008, and the Company’s Vesting of Awards Upon Involuntary Termination Without Cause Policy dated November 6, 2013.
and Mr Duncan’s profile on Bristow website reads
Mark B. Duncan joined the company in January 2005 as vice president of global business development, and was promoted to senior vice president of global business development, in January 2006. In January 2008, Duncan became senior vice president, Western Hemisphere, and moved to his current position as senior vice president, Commercial, in December 2009. Prior to joining Bristow, he was commercial director in the deepwater floating production systems division of ABB based in Houston, Texas. Prior to this, he spent 18 years with the Halliburton/Brown & Root Group, mostly in the subsea sector where he filled various positions working in the North Sea, Brazil and several other international areas, ultimately holding the position of senior global vice president, commercial, for the Subsea 7 entity.