PERTH, AUSTRALIA--(Marketwired - January 30, 2017) - CHC Group (OTC PINK: HELIQ) announced that Vincent D'Rozario has joined the company as Regional Director, Asia Pacific.
Vincent will report to the President and CEO of CHC Group, Karl Fessenden, and will join the Global CHC Senior Leadership Team.
CHC Helicopter Asia Pacific flies a fleet of more than 30 medium and heavy helicopters in Australia, Timor-Leste and Malaysia providing transfer services to oil and gas customers and search and rescue and emergency medical services to the community.
Vincent joins CHC from Jacobs Engineering where he most recently served as Vice President -Asia since 2013, procuring and leading projects across the region in support of Shell, BP, Exxon Mobil and Chevron.
Vincent has an Electrical Engineering degree from the University of Victoria and started his career as an Electrical Engineer working on a variety of oil and gas projects. He moved to Aker Kvaerner where he worked on multiple Engineering, Procurement and Construction (EPC) projects. From there, Vincent joined Global Process Systems as Asia Pacific Regional Director and General Manager in both Singapore and Indonesia.
"Vincent brings an energetic, collaborative leadership style, outstanding customer service, and a strong understanding of project management. Vincent also brings a wealth of experience and knowledge initiating and managing partnerships across South East Asia," said Karl Fessenden, President and CEO of CHC Group.
CHC Helicopter, celebrating 70 years of safety, innovation and service, is a global leader in enabling customers to go further, do more and come home safely, including oil and gas companies, government search-and-rescue agencies and organizations requiring helicopter maintenance, repair and overhaul services.
Cautionary Note on Forward-Looking Statements
This press release and other statements that we may make contain forward-looking statements. Forward-looking statements are statements that are not historical facts and include statements about our expectations for the timing and execution of our restructuring plan, our future financial condition and future business plans and expectations, the effect of, and our expectations with respect to, the operation of our business, adequacy of financial resources and commitments and operating expectations during the pendency of our court proceedings. Such forward-looking statements are based upon the current beliefs and expectations of our management, but are subject to risks and uncertainties, which could cause actual results and/or the timing of events to differ materially from those set forth in the forward-looking statements. These risks and uncertainties are detailed from time to time in our filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended April 30, 2016 and its quarterly report for the period ended July 31, 2016. The Company's filings with the Securities and Exchange Commission are available at www.sec.gov. You are urged to consider these risks and other factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. No assurances can be given that our efforts to effectively reorganize under Chapter 11 of the Bankruptcy Code will ultimately be successful or that we will succeed in strengthening our balance sheet or increase our financial flexibility. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Nothing in this press release shall constitute a solicitation of any holders of any of our indebtedness or our securities or an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities of the Company. Any securities that may be offered pursuant to our Chapter 11 proceedings will not be or have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
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