Trico Marine Group Appoints New Officers
April 27 2010 - 2:00PM
Trico Marine Services, Inc. (Nasdaq:TRMA) (the "Company" or
"Trico") today announced the appointment of two new officers of the
Company: Sue Kean as Vice President, General Counsel and Secretary,
and Jeff Favret as Chief Accounting Officer.
Ms. Kean joins the Company with 29 years' legal experience in
the energy services and marine industries. For the last
5½ years, Ms. Kean served as VP, Deputy General
Counsel & Chief Compliance Officer for Exterran Holdings, a
global market leader in full service natural gas compression
and a premier provider of operations, maintenance, service and
equipment for oil and natural gas production, processing and
transportation applications. Prior to Exterran, Ms. Kean
served as Senior VP & General Counsel for First Wave Marine, a
provider of shipyard related services for offshore rigs and vessels
in the offshore and inland marine industries. Ms. Kean was a
partner in the corporate law group with Griggs & Harrison, P.C.
prior to her time as in-house counsel.
Mr. Favret joined the Company on April 16, 2010 with over 25
years of accounting experience, including 14 years in public
accounting, serving clients in a wide variety of industries,
including manufacturing, retail and consumer products, gaming,
health care, construction, energy, and energy services. Over
the last eight years with Ernst & Young, LLP and Postlethwaite
& Netterville, APIC, his concentrated focus has been on clients
in the energy, oilfield services, manufacturing, and construction
industries. Jeff's experience in the energy and oilfield services
industries includes: oil and gas exploration and
production, vessel construction, offshore drilling related
construction, seismic services, offshore vessel fuel distribution,
offshore vessel / marine transportation, and crude oil and
petrochemical refining. Mr. Favret has participated in
several international energy and construction client audit
engagements over the last eight years.
About Trico Marine Group
The Trico Marine Group is an integrated provider of subsea,
trenching and marine support vessels and services.
Trico's towing and supply division provides a broad range of marine
support services to the oil and gas industry through use of its
diversified fleet of vessels including the transportation of
drilling materials, supplies and crews to drilling rigs and other
offshore facilities; towing drilling rigs and equipment, and
support for the construction, installation, repair and maintenance
of offshore facilities. Trico's subsea services and
trenching/installation divisions control a well equipped fleet of
vessels and operate a fleet of modern ROVs and trenching and other
subsea protection equipment. The Trico Marine Group is
headquartered in The Woodlands, Texas and has a global presence
with operations in the North Sea, West Africa, Mexico, Brazil and
Southeast Asia.
The Trico Marine Services, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5229
For more information about Trico Marine Services, Inc. visit us
on the web at www.tricomarine.com.
Certain statements in this press release that are not historical
fact may be "forward-looking statements." Actual events may differ
materially from those projected in any forward-looking
statement. There are a number of important factors involving
risks and uncertainties beyond the control of the Company that
could cause actual events to differ materially from those expressed
or implied by such forward-looking statements. A
description of risks and uncertainties relating to Trico Marine
Services, Inc. and its industry and other factors, which could
affect the Company's results of operations or financial condition,
are included in the Company's Securities and Exchange Commission
filings. Trico undertakes no obligation to publicly update or
revise any forward-looking statements to reflect events or
circumstances that may arise after the date of this report.
CONTACT: Trico Marine Services, Inc.
Geoff Jones, SVP & Chief Financial Officer
(713) 780-9926
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