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Global Industries Names B.K. Chin as New Chief Executive Officer and Director.

Publication: PR Newswire
Publication Date: 18-SEP-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Company Founder William J. Dore to Retain Board Leadership Role until May 2007

CARLYSS, La., Sept. 18 /PRNewswire-FirstCall/ -- Global Industries, Ltd. ("Global") today announced that B.K. Chin has been named Chief Executive Officer of the Company effective October 1, 2006. Mr. Chin also will become a director of the Company at that time. William J. Dore, Global Industries' founder and CEO from 1973 to the present, has elected to retire from active management of Global but will continue to serve as Executive Chairman of the Board until his current term expires at the Company's Annual Meeting in May 2007 to ensure a smooth transition. After that, he will continue as a consultant to Global Industries.

Mr. Dore stated, "On behalf of the entire Global Board and management team, I am very pleased to welcome B.K. Chin to Global. B.K.'s knowledge of our industry, together with his hands-on management experience and proven leadership capabilities, make him the right person to build...

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