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KCA Deutag announce two new senior appointments to facilitate further business growth

KCA DEUTAG is pleased to announce two senior appointments to facilitate further business growth.  With immediate effect, Norman McKay will join KCA DEUTAG as Chairman.  Mr McKay brings over thirty years of global experience in the oilfield service industry where his previous position was president of Smith Technologies.  Prior to this, following 24 years with Schlumberger in a variety of positions around the world, Mr McKay was president of Exterran’s Eastern Hemisphere operations.  He graduated with an honours degree in chemical engineering from Heriot Watt University in Edinburgh.  Alex Knaster will step down as chairman but will remain on the Board as director.

Mr McKay said: “I look forward to working with Holger Temmen and the entire team at KCA DEUTAG to realise our potential over the next few months and years.  My primary focus will be to work with the Board and KCA DEUTAG management on strategic planning, and key merger and acquisition opportunities.  I anticipate travelling extensively over the next few months to see as much of the company first hand and hope to meet as many employees as possible.”

Alan S Bigman will join KCA DEUTAG’s management team as Director of Capital Markets and M&A.  Mr Bigman has international financial experience from a number of top executive roles, Chief Financial Officer of global chemical company Lyondellbasell Industries and Vice President, Director of Corporate Finance at Tyumen Oil Comapny (TNK/TNK-BP).  Mr Bigman graduated from Yale College and was Baker Scholar at Harvard Graduate School of Business Administration.

Commenting on these strategic appointments, KCA DEUTAG’s Chief Executive Holger Temmen said: “I am thrilled our Board will be enhanced by such accomplished talent.  Mr McKay’s vast international experience will further strengthen KCA DEUTAG and equip us to deliver strategic growth in a strong market.  Mr Bigman contributes most valuable experience within capital markets to direct and strengthen our financial performance and ensure a flexible capital structure that ensures the company is able to address opportunities in our dynamic industry I look forward to starting work together and the exciting chapter ahead.”