Retirement of Richard H Hunting, C.B.E.

RNS Number : 3613B

Hunting PLC

11 February 2022

 

For Immediate Release

11 February 2022

Hunting PLC

("Hunting" or "the Company" or "the Group")

Retirement of Richard H Hunting, C.B.E.

Hunting PLC (LSE : HTG), the international energy services group, today announces that Richard Hunting, non-executive Director, will be retiring as a Director at the conclusion of the Company's Annual General Meeting to be held on Wednesday 20 April 2022.

Richard joined the Hunting group in 1972 and joined the Hunting PLC Board on the formation of the Company on 5 August 1989. Richard was appointed executive Chairman in 1991 and became non-executive Chairman in July 2011. In September 2017 Richard stepped down as Chairman of the Company, but has continued since then as a non-independent, non-executive Director.

As Chairman, Richard led Hunting PLC through its transformation from a conglomerate, consisting of aviation, defence and energy interests, to become a focused upstream energy services group.

Commenting on Richard Hunting's retirement, Jay Glick, Hunting's non-executive Chairman, said:

"Richard's knowledge of, and commitment to, Hunting has been a source of inspiration for many years. Under Richard's leadership, Hunting became a truly global energy services business, serving international, high profile clients, who recognise the values of strong quality and safety. On behalf of my fellow Directors, I wish Richard a happy retirement."

Richard Hunting added:

"The values of Hunting are firmly embedded across all of our businesses, and we are committed to delivering top tier products and services to our customers. I would like to thank all my fellow Directors and employees, who have been part of the Hunting Group over many years, for their continued support."

For further information please contact: Hunting PLC Jay Glick, Chairman Ben Willey, Company Secretary Tarryn Riley, Investor Relations	Tel: [phone]
Buchanan Ben Romney Jon Krinks	Tel: [phone]

Remuneration Disclosure:

In accordance with section 430(2B) of the Companies Act 2006, and in line with the Directors' Remuneration Policy, Mr Hunting will be paid his Director fees up to 20 April 2022.

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in Canada, China, Indonesia, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.

The Group reports in US dollars across four segments: Hunting Titan, North America, Europe, Middle East and Africa ("EMEA") and Asia Pacific.

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

 

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