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Xtreme Drilling and Coil Adds to Board of Directors
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Xtreme Drilling and Coil has reported that shareholders approved the appointment of Mr. James Renfroe Jr. as the seventh member of the Board of Directors at the Special Meeting of Shareholders held on August 2, 2013.
Of the 33,399,711 votes represented at the Special Meeting, Mr. Renfroe received 32,875,745 votes for (98.43%) and 523,966 votes withheld (1.57%).
Mr. Renfroe is an independent businessman, and currently a non-executive Director of Expro Group, an international oilfield service company. Mr. Renfroe was previously the Senior Strategic Advisor to the CEO of GE Oil and Gas. Prior to that Mr. Renfroe was Executive Director and CEO of the Well Support Division of Wood Group, PLC, a multinational oil and gas services company. Mr. Renfroe has an extensive background in executive leadership, strategic planning, operations and business development having worked for Halliburton Company in various executive positions from 1974 to 2007. While working for Halliburton, Mr. Renfroe managed multiple product lines (globally) and participated in a number of structural changes and process improvements to enhance organizational effectiveness. He led acquisitions and divestitures, as well as strategy development.