UK: KCA DEUTAG Appoints New Chief Financial Officer

KCA DEUTAG Group is announces the appointment of Dr. Daniel Wiest who will replace Peter Milne as Chief Financial Officer with immediate effect.

Dr. Wiest has extensive experience in investment management, finance and control. After studying Business Administration in Munich, he gained his Doctorate in 1991 at the University of Berlin. Dr. Wiest’s career spans a number of different industries and countries, and he brings more than 10 years of CFO experience to the Group. Dr. Wiest was latterly CFO of APCOA Group.

Holger Temmen, CEO, said, “After almost 25 years with the company, Peter Milne has announced his retirement and will be stepping down as Chief Financial Officer. He has played a vital role in the management of the Group and I thank him for his long term contribution. We wish him a long and happy retirement. It is a pleasure to welcome Daniel to the team”.

KCA DEUTAG is one of the world’s largest international land drilling contractors and one of the largest platform drilling contractors in the North Sea. The company also operates a fleet of mobile offshore drilling units (3 wholly owned jack-ups and 7 part-owned Self Erect Tender Barges). KCA DEUTAG employs over 8,000 people and operates in over 20 countries worldwide.

KCA DEUTAG is also one of the world’s leading rig design engineering specialists, working for oil and gas companies and major contractors via its engineering division RDS. Our services cover conceptual, front-end and detailed engineering; project management and procurement; construction and commissioning support. We undertake scopes of work for new-build drilling facilities, rig reactivation and modification, conceptual engineering and consultancy, and technical integrity assurance.

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Source: KCADeutag, August 12, 2010: