Petroleum Services Association of Canada

Petroleum Services Association of Canada

May 19, 2010 09:01 ET

PSAC Recruiting New President & CEO: Roger Soucy to Retire After 29 Successful Years

CALGARY, ALBERTA--(Marketwire - May 19, 2010) - The Petroleum Services Association of Canada ("PSAC") announces today that a Special Committee of the Board of Directors ("Committee") has begun the search for a new President and Chief Executive Officer for PSAC now that Roger Soucy, PSAC President and CEO since the association's inception in 1981, has announced his intention to retire. Mr. Soucy will continue to work in his current capacity to ensure an orderly and successful transition with his successor. The Committee is striving to have a new President and CEO in place by the date of PSAC's annual general meeting, usually held around October 31st.

The Committee has selected Davies Park Executive Search, a Calgary-based executive search firm that has extensive experience in placing executives for industry associations. Both internal and external applicants will be considered.

Roger Soucy has had a long and successful career as the leader and voice of PSAC. He was the founding president in 1981 and has overseen the growth of PSAC from an idea to a credible and respected voice for Canada's oil and gas service sector. Soucy is the longest-serving oil and gas industry trade association president in Canada.

David Yager, this year's PSAC Chairman and chairman of the Special Committee, had the following comments about Roger's Soucy's remarkable career:

"In his 29 years of dedicated service, Roger Soucy has done an outstanding job of being the main spokesman for our large and diverse oilfield service sector. PSAC was born in the aftermath of the National Energy Program and Roger has seen more booms and busts than most of today's industry and political leaders. During that time he has helped keep PSAC membership strong and united and has presented a consistent, positive message about the importance of the oilfield service industry to Albertans, Canadians, investors, other industry associations, and all levels of government across the country.

Unless you've been involved on the PSAC board as I have been for the past five years, or worked with one of its diverse technical committees, you don't really understand how much positive work PSAC does for our industry behind the scenes. Whether it's working on government legislation, developing safe and consistent technical procedures, helping member companies manage their staff and HR issues, or providing investors and members with valuable data about the sector, PSAC plays a major role in keeping this massive and critically important industry working effectively and efficiently.

All of these valuable but not widely known activities that PSAC pursues every day were developed on Roger Soucy's watch. All PSAC members – past, present and future – owe Roger their gratitude and respect. Our Committee will ensure we take all steps necessary to recruit a replacement as qualified and dedicated as Roger."

Based in Calgary, the Petroleum Services Association of Canada is the national trade association representing the service, supply and manufacturing sectors within the upstream petroleum industry. PSAC represents a diverse range of over 250 member companies, employing more than 52,000 people and contracting almost exclusively to oil and gas exploration and production companies. PSAC member companies represent over 80 per cent of the business volume generated in the petroleum services industry.

Contact Information

  • David L. Yager, PSAC Chairman 2010
    Chairman and CEO, HSE Integrated Ltd.
    (403) 266-1833
    Allan Nelson
    Davies Park Executive Search
    (403) 263-0600
    Roger Soucy, PSAC President
    (403) 781-7383