Cameron elects new CEO

Business & Finance

Houston-based oil and gas company, Cameron, has made a planned leadership change as part of its long-range succession planning process.

According to the press release, Jack B. Moore, Chairman of the Board and Chief Executive Officer, has advised the board of directors of his plan to retire as CEO on October 5, 2015.

The company said that Moore will continue to serve as Chairman of the Board beyond October.

To succeed Moore, the board elected R. Scott Rowe as next CEO, to be effective October 5, 2015, the company said.

Rowe was named in September 2014 to his current position as President and Chief Operating Officer.

“The board of directors has devoted a great deal of time and effort to the development of the company’s succession plans for the CEO and other senior leadership positions,” said Moore.

“The changes we are announcing today are a direct result of this work. Scott is a strong leader who has significant operating experience, an in-depth knowledge of Cameron and broad business acumen – and he is widely respected among our customers and employees. I know I speak for the entire board of directors when I say that Scott is ideally equipped to assume this leadership role and help drive the company to the next stage of its growth.”