North American Energy Partners Names Martin Ferron CEO

5/28/2012 5:54 PM ET

North American Energy Partners Inc. (NOA.TO: Quote) said Monday that Martin Ferron will join the company as President and Chief Executive Officer and a Director of the Board effective at the close of business on June 7.

Ferron succeeds Rod Ruston who is retiring from the company and the Board to return to his native Australia, the company said.

Ron McIntosh, Chairman of North American Energy Partners, said, "Martin is an exceptional leader with a long track record of driving execution and achieving strong financial and operational performance for companies in the oil services and construction industries."

As Director, President and CEO of Helix Energy Solutions Inc., Ferron successfully refocused the company on improved project execution, asset utilization and profit performance. Prior to joining Helix, Ferron worked in successively more senior management positions with oil services and construction companies including McDermott Marine Construction, Oceaneering International and Comex Group.

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by RTT Staff Writer

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