Basic Energy Services Inc. (BAS) Monday announced that Chief Executive and President Ken Huseman plans to retire at the end of 2013. The company plans to appoint Chief Operating Officer Roe Patterson to succeed Huseman, on or about January 1, 2014.
Huseman is expected to remain a member of the Board and it is anticipated that Patterson will be appointed to the Board on or about the effective date of his appointment as President and CEO.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.