Polarcus has appointed Duncan Eley as the company’s new chief executive officer.
Eley, Polarcus’ COO since May 2013, replaces Rod Starr, who has resigned from Polarcus following the completion of a two year period of restructuring, refinancing and reorganisation.
Peter Rigg, chairman of the board for Polarcus, said: “Rod has made a significant and transforming contribution to the company. He has created an executive team exceptionally well-qualified to continue the company’s development. Duncan has been responsible for many areas of strength within the company and is a natural successor. The board is grateful to Rod for his
contribution and for developing our current depth of executive talent. We shall continue to work with him through the transition and wish him every success for the future.”
Eley worked with Schlumberger for 10 years supporting marine seismic operations in Europe, Africa and the Americas. Prior to joining Polarcus in 2009, he worked for a global strategy consultancy firm across the energy, transport and natural resources sectors.
Rod Starr will continue to work with the executive management team and Polarcus’ board of directors for a transition period during the second quarter of 2017.