logo
Share SHARE
FONT-SIZE Plus   Neg

Dresser-Rand Appoints Jan Kees Van Gaalen As CFO

Dresser-Rand Group Inc. (DRC) a provider of engineered rotating equipment solutions, Wednesday announced the appointment of Jan Kees van Gaalen as Executive Vice President and Chief Financial Officer, effective May 1. He takes over from Mark Baldwin, whose impending retirement was earlier made public.

Van Gaalen previously worked for Baker Hughes Inc., a public company and provider of drilling, formation evaluation, completion and production products and services to the oil and gas industry, where he served as Vice President and Treasurer.

Commenting on the development, Vincent Volpe, Jr., Dresser-Rand's CEO said, "Jan Kees' knowledge of our industry, along with his strong financial and operational pedigree and vast international experience provides him a solid platform for the role of Chief Financial Officer of Dresser-Rand." and, thanking the retiring CFO said, "...I am also pleased that Mark will be available to assist the company during the transition period with Jan Kees."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions. Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations.
comments powered by Disqus
Follow RTT