Polarcus announces change of CEO
Polarcus Limited announces that Duncan Eley has been appointed Chief Executive Officer. Mr. Eley replaces Rod Starr, who has resigned from the Company following the completion of a two year period of restructuring, refinancing and reorganisation.
Duncan Eley, currently Chief Operating Officer for Polarcus, is promoted to the position of CEO to succeed Mr. Starr, effective immediately. Mr. Eley has over 18 years of experience in the seismic industry in various senior management roles and has been Polarcus' COO since May 2013.
As COO, Mr. Eley has been responsible for Polarcus' continued operational and EHSQ excellence. His leadership in marine operations and geophysical innovation, combined with cost control delivery and sales success, have been instrumental factors in Polarcus's ability to secure backlog for its fleet. For the near term, the position of COO will be eliminated to better align with current market conditions.
Polarcus is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions and employs nearly 500 professionals worldwide.