Offshore Logistics Names Michael Suldo President of Air Logistics
07 Junio 2005 - 11:47AM
Business Wire
Offshore Logistics, Inc. (NYSE:OLG) announced today that Michael R.
Suldo has been named President of Air Logistics, LLC and Senior
Vice President of Offshore Logistics, Inc., effective June 2, 2005.
Mr. Suldo began his career at Air Logistics in 2002 as Assistant
General Manager. In 2003 he was promoted to General Manager and was
responsible for all Operations, Maintenance and Training. Prior to
joining Air Logistics, Mr. Suldo was employed by Petroleum
Helicopters, Inc. (NASDAQ:PHEL). He has spent 15 years in Gulf of
Mexico operations in various managerial positions and has 20 years
experience as a Naval Aviator. Mr. Suldo has an undergraduate
degree in Geology and two advanced degrees and also serves as a
Professor at the University of Phoenix. As an accomplished aviator
with over 6000 flight hours, he has qualified in 15 different
helicopters and fixed wing aircraft. He is married and has three
children. William E. Chiles, President and CEO of Offshore
Logistics commented, "I am very pleased that Mike has agreed to
assume the role of Airlog's President. His familiarity with all
aspects of the company's operations as well as his relationships
with our customers and employees make him a great fit for the job.
I have every confidence that Mike will continue to advance Airlog's
reputation as the outstanding provider of helicopter services to
the oil and gas industry, and I very much look forward to working
more closely with him." Offshore Logistics, Inc. is a major
provider of helicopter transportation services to the oil and gas
industry worldwide. Through its subsidiaries, affiliates and joint
ventures, the Company provides transportation services in most oil
and gas producing regions including the United States Gulf of
Mexico and Alaska, the North Sea, Africa, Mexico, South America,
Australia, Egypt and the Far East. The Company's Common Stock is
traded on the New York Stock Exchange under the symbol OLG.
Statements contained in this press release state the Company's or
management's intentions, hopes, beliefs, expectations or
predictions of the future are forward-looking statements. It is
important to note that the Company's actual results could differ
materially from those projected in such forward-looking statements.
Additional information concerning factors that could cause actual
results to differ materially from those in the forward-looking
statements is contained from time to time in the Company's SEC
filings, including but not limited to the Company's report on Form
10-K for the year ended March 31, 2004 and the Company's reports on
Form 10-Q for the quarters ended June 30, 2004, September 30, 2004,
and December 31, 2004. Offshore Logistics, Inc. disclaims any
intention or obligation to revise any forward-looking statements,
including financial estimates, whether as a result of new
information, future events, or otherwise.
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