News Release Details
Bristow Group William Chiles To Retire As CEO At 2014 Annual Meeting - CFO Jonathan Baliff To Succeed Him
Following the Annual Meeting, Mr. Chiles will also step down from the Board of Directors. He will remain an employee of
"We are thrilled that Jonathan will lead Bristow as the Company's next President and CEO," said
"On behalf of the Board, I would like to thank Bill for his superb stewardship of Bristow over the past decade. His leadership has been instrumental in setting a very strong 'tone at the top', producing excellent performance, creating a collaborative culture, and making Bristow the safe, ethical, and strong company it is today."
"I am honored to have been selected to serve as CEO of Bristow," said Mr. Baliff. "I have had the good fortune to work very closely with Bill over these last few years and appreciate the profound impact he has had on Bristow, including establishing an unwavering commitment to safety, operational excellence and financial strength. Bristow has an exceptionally strong senior leadership and employee team – all of whom are committed to our enduring core values. I am fortunate to have my colleagues to collaborate with as we pursue our mission to provide the safest and most efficient helicopter services and aviation support worldwide. I know they share my belief that if we do what we do best – be innovative partners to our clients, continue our thoughtful expansion across the globe and provide career development opportunities for our employees – we can continue to be the industry leader for years to come."
"My experience as Bristow's CEO has been very fulfilling and I'm extremely proud of all we have accomplished," said Mr. Chiles. "Jonathan is a hands-on leader with a commitment to excellence, and I am confident he will build successfully on the platform we have all worked to create. I have seen firsthand what he is capable of and I am confident that in handing the reins over to Jonathan, Bristow will be in excellent hands for the future."
Mr. Baliff, 50, joined Bristow as Senior Vice President and Chief Financial Officer in 2010. At Bristow, as part of the Senior Management Team, he led teams that created and executed the successful "Bristow Value Added" implementation throughout the company, a transformation of the company's capital allocation strategy. Mr. Baliff was also part of the team that led the successful effort to win the ten bases, £1.5 billion UK Search and Rescue contract.
Management will conduct a conference call starting at
Bristow Group'sinvestor relations Web page at www.bristowgroup.com
- Live: Click on the link for "Management Announcement"
- Replay: A replay via webcast will be available approximately one hour after the call's completion and will be accessible for approximately 90 days
Via Telephone within the U.S.:
- Live: Dial toll free 1-877-941-9205
- Replay: A telephone replay will be available through
February 17and may be accessed by calling toll free 1-800-406-7325, passcode: 4667305#
Via Telephone outside the U.S.:
- Live: Dial 1-480-629-9771
- A telephone replay will be available through
February 17and may be accessed by calling 1-303-590-3030, passcode: 4667305#