High Arctic CEO Thiessen retiring

A Red Deer-based oilfield equipment and service provider announced on Wednesday a change in its chief executive officer.

A Red Deer-based oilfield equipment and service provider announced on Wednesday a change in its chief executive officer.

High Arctic Energy Services Inc. (TSX: HWO) said Bruce Thiessen is retiring as CEO and leaving the company’s board of directors. It added that Thiessen will serve as a consultant with respect to High Arctic’s Canadian operations.

Dennis Sykora will serve as interim CEO until High Arctic finds a permanent replacement. Sykora was most recently the company’s executive vice-president.

“We are very appreciative of all that Bruce has done for High Arctic during his 20-year career with us,”

said Michael Binnion, chairman of High Arctic’s board of directors. “He has been instrumental in building the Canadian business and taking on the challenges of the CEO role over the past five years and I am delighted that he will continue to play a role.”

High Arctic has also promoted Dan Beaulieu to the position of chief operating officer, Canada. Beaulieu was previously vice-president, Canadian operations.

High Arctic provides drilling-, completion- and workover-related services in western Canada and Papua New Guinea.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Three central Alberta lakes will be off limits to swimmers for at least two weeks

A recommendation not to swim in three central Alberta lakes will last… Continue reading

Sylvan Lake beach crowded but people maintaining distance

‘A quick picture may give you the impression that everybody is crowded together’

Flames ground Jets 4-1 to take series lead, Winnipeg’s Scheifele injured

Playoff animosity didn’t take long to brew in Calgary’s 4-1 win over the Jets

Drive-in music festival continues in Red Deer

The Loco Amigos Mayhem Music Gathering ends Tuesday

A weakened Tropical Storm Isaias lashes virus-hit Florida

‘Don’t be fooled by the downgrade’

Wilford Brimley, ‘Cocoon’ and ‘Natural’ actor, dies at 85

He was on dialysis and had several medical ailments

N.L. Liberals to announce next leader, 14th premier during atypical convention Monday

Only 50 people will be allowed inside the event to welcome the next leader

Despite ‘perfect storm’ of U.S. discord, America’s truths trump foreign fictions

“On masking, it is extremely silly, it’s extremely dangerous”

NHL returns to action 142 after COVID-19 forced suspension of season

It became clear pretty quickly Saturday hockey hadn’t missed a beat

How one Montreal long-term care home managed to keep COVID-19 away

Montreal is the Canadian hotspot for COVID-19

Most Read