Weatherford International has appointed a former senior executive of US contractor Exterran as its new boss following the sudden departure of Mark McCollum as chief executive earlier this year.
Girish Saligram, Houston-based Exterran’s former chief operating officer, will take over the post at the US oilfield contractor on 12 October, Weatherford said late last week.
Weatherford chairman Charles Sledge noted that Saligram’s extensive international experience in multiple industries and a deep understanding of the oil and gas sector makes him “well positioned to lead Weatherford into the future”.
“For more than 25 years, Girish has dedicated his career to uniting technology innovation and operational excellence to deliver exceptional results that have advanced the growth strategies for some of the world’s leading companies,” Sledge continued.
The chairman added that the board is “confident that Girish possesses the leadership qualities, business expertise and fresh perspective that will continue to strengthen the organisation and deliver long-term value for all of our shareholders”.
Before serving as chief operating officer at Exterran, Saligram was president, global services for the natural gas processing, treatment and compression services company.
He joined the company in 2016 after spending 20 years with General Electric in various positions, including his last post as general manager, downstream products & services for GE Oil & Gas.
“I look forward to leading Weatherford as we deliver against our strategic objectives and create our next phase of growth and market leadership,” Saligram said.
Interim chief executive Karl Blanchard will resume his role as executive vice president and chief operating officer once Saligram is on board.
McCollum quit Weatherford with immediate effect in early June. He was hired in the spring of 2017 from rival Halliburton, where he worked as chief financial officer.