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
Ford Motor Co. has issued a safety recall for nearly 117,000 vehicles in North America to replace improperly tempered bolts in seats and seatbelts that could fracture. The affected vehicles include 2014 Ford F-150 pickup trucks, 2014 E-Series vans, 2014-15 Ford Escape SUVs and 2015 Lincoln MKC SUVs to replace improperly tempered bolts in seats and seatbelts. Electronics retailer Best Buy is adding Dyson mini-shops to its select stores in the U.S. next month. Dyson is a maker of vacuums, hair dryers, air purifiers and other household items. Starting in August, about 90 U.S. Best Buy stores will get new Dyson Demo Experiences - dedicated spaces that will enable customers try out Dyson products as if they were in their own home. Shares of Airbus Group SE were losing around 4 percent in the morning trading in Paris after the aerospace and defense major reported Thursday a sharp decline in its second-quarter profit with lower revenues. Further, the company maintained its guidance for the full year 2017.
comments powered by Disqus
Follow RTT