Nauticus Robotics Streamlines Business Ops
Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team.The new investment was secured before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process, according to Nauticus Robotics.The company said the investment is the first tranche of financing led by existing investors, and it anticipates executing a second tranche of investment, for which discussions
Hairston Named GM of Austal USA Advanced Technologies
industrial base and additive manufacturing program.“Don’s over 20 years of experience in the defense industry more than qualifies him to lead our advanced technology team,” said Austal USA President Rusty Murdaugh. “Austal USA will benefit from his wealth of experience in executive management, engineering, domestic and international business development and business operations.”Hairston has previously held executive roles at Textron, Cobham, and Northrop Grumman, as well as positions with the Government in the Naval Undersea Warfare Center and the Aegis Program Office prior
Offshore Services Firm Acteon Names Bruggaier as New CEO
industry services company Acteon Group Ltd has appointed Dr Bernhard Bruggaier as Group Chief Executive. He succeeded Dr Carl Trowell, effective from January 1, 2023.Bruggaier joined Acteon’s subsidiary MENCK in 1994, became its Managing Director in 1998, and joined Acteon’s executive management team following the acquisition of MENCK in 2003. After that, Bruggaier served in various senior strategic and operational management roles before being appointed Chief Operating Officer in 2018 and joining Acteon’s Board of Directors in 2021.Chairman of the Board, Juan de Ochoa
Smedley Named President, COO at Deepsea Technologies Inc.
34 years in the upstream oil and gas industry. He has an undergraduate degree in Mechanical Engineering from Texas A&M university and an MBA from Southern Methodist University. He brings to DTI us considerable expertise in engineering, product management, sales, business development and executive management
Nortek, Strategic Robotic Systems, Blueprint Lab merge to form General Oceans AS
from a base in London, facilitating collaboration between the companies while also being responsible for funding new initiatives and providing common marketing, human resource, and finance services. The group will be led by Nortek founder and General Oceans President, Atle Lohrmann, along with executive management from each merging company. Long-term, the group aims to achieve synergies in the areas of sales, production, and in the joint development of intelligent, semi-autonomous vehicles and sensor systems.The merger is the result of an 18-month long process seeking the best way to develop an effective
Oceaneering Execs Agree to Pay Cuts
Offshore engineering services company Oceaneering has said its board has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.Oceaneering explained the move was consistent with its commitment to cost reductions during the ongoing public health and energy market crises.Chief Executive Roderick A. Larson's base salary will be reduced by 15%. Base salaries for executive level management, including the Executive Leadership Team and Senior Vice Presidents, will be reduced by 10%, and base salaries for other senior
Harvey Gulf Hires Dunn as Subsea VP
Harvey Gulf International Marine announced it has hired John Dunn as Vice President of Subsea Vessel Operations, as the US-based services firm looks to grow its subsea business.Dunn, formerly of Oceaneering, has been hired as a member of Harvey Gulf's executive management team to assemble and manage Harvey Gulf’s subsea vessels, team and operations.Prior to Oceaneering, Dunn was the director of operations at Meridian Ocean Services, a subsea service provider acquired by Oceaneering in 2016. He is also an unlimited USCG chief engineer and worked for Chevron Shipping’s tanker and floating
Subsea 7 Confirms Executive Management Changes
Offsore services firm Subsea 7 on Thursday announced changes to its executive management team, including the appointment of a new Chief Executive Officer and three Executive Vice Presidents, effective from January 1, 2020.John Evans is now in place as Chief Executive Officer, succeeding Jean Cahuzac who retired at the end of 2019. Evans remains on the Board of the Company as a Non-Executive Director.Bringing to the role more than 30 years’ experience in the global offshore energy services industry, Evans was most recently Chief Operating Office for Subsea 7 from 2005 to 2019.Other changes to the
Pharos Adds Jet-Trenching ROV
with the large collation of orders the company has confirmed in recent months, they are further expanding personnel levels within the operations, technological and commercial departments of the company, adding to the recruitment drive already completed in 2018.CEO Phil Walker has also expanded the executive management team, which now has over 100 years of collective experience across the subsea installation and burial industries
February 2024
