Cameron (NYSE: CAM) announced that, in accordance with its previously disclosed succession plan, R. Scott Rowe has assumed the role of President and Chief Executive Officer, effective today.
Rowe has served with Cameron for 13 years, most recently as President and Chief Operating Officer. He previously served as Chief Executive Officer of OneSubsea, the company’s joint venture with Schlumberger Limited. He had also previously served as President of the Company’s Subsea Systems division and President of the Engineered and Process Valves business in the Company’s Valves and Measurement segment. He is also a member of Cameron’s board of directors. Rowe is an Engineering Management graduate from the US Military Academy at West Point and holds an MBA from Harvard Business School.
Rowe replaces Jack B. Moore, who is retiring as the company’s Chief Executive Officer. Moore joined the company in 1999 after a 23-year career at Baker Hughes Incorporated. At Cameron, he held a series of progressively responsible positions in operations before becoming CEO in 2008. He continues to serve as Chairman of the Board of Cameron.
Cameron is a leading provider of flow equipment products, systems and services to worldwide oil and gas industries.
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