Forum Energy Technologies has appointed Pablo G. Mercado to serve as senior vice president and chief financial officer.
The appointment, part of the company’s succession planning process, is effective March 01, 2018.
In addition, James W. Harris, the current CFO who has been leading the Drilling and Subsea segment since September 2017, will transition full-time to that operating role, serving as Forum’s executive vice president, Drilling and Subsea.
Prady Iyyanki, Forum’s president and CEO, said, “I want to thank Jim for his leadership and many contributions as Forum’s CFO from its inception twelve years ago. This has been a planned succession move with Jim’s desire to transition to an operating role. I am confident that he will be successful in leading our Drilling and Subsea segment.
“Pablo has been an integral part of Forum’s development, including our initial public offering and the completion of over twelve merger and acquisition transactions during his tenure. His leadership, experience, and excellent judgement will ensure a smooth transition into his new position as our chief financial officer. I have the highest level of confidence in his ability to create shareholder value and help drive profitable growth.”
Pablo joined Forum in 2011 as vice president, Corporate Development and has held positions with increasing responsibility.
Most recently, he served as senior vice president – Finance, with oversight of Forum’s corporate development, investor relations, accounting, tax and treasury functions.
He holds a B.B.A. from the Cox School of Business and a B.A. in Economics from Dedman College at Southern Methodist University, and a M.B.A. from the University of Chicago Booth School of Business.