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News Focus
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MossyOak

04/20/08 10:30 PM

#61534 RE: littlefish #61532

Mr. Butler served in various capacities as a Director, President, CEO, CFO and COO of Weatherford International, Inc., a $2 billion multinational service and equipment corporation serving the worldwide energy market, from 1974 to 1991. He was elected to the Board of Directors of Weatherford in May 1978, elected President and COO in 1979, and President and CEO in 1984. He successfully developed and implemented a turnaround strategy eliminating debt and returning the company to profitability during a severe energy recession. As well, he expanded operations into international markets allowing Weatherford to become the world leader in the company’s products and services lines.
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locustsuc

04/20/08 11:48 PM

#61576 RE: littlefish #61532

"Butler, 54, is chairman and owner of Intercoastal Terminal, Inc., a terminal facility in Texas City, TX. Formerly, he served as president and chief executive officer of Weatherford Weatherford, city (1990 pop. 14,804), seat of Parker co., N central Tex.; inc. 1856. It is in a fertile region that yields peanuts, watermelons, and peaches. Oil-field and electronic equipment are manufactured. Fort Wolters, a major helicopter center, is nearby. International, Inc., now Weatherford Enterra, Inc., an energy and manufacturing company which provides specialized service equipment to the oil and gas industry. Under Butler's guidance, Weatherford grew from a $10 million regional oil service company in 1979 into one of the largest oil service equipment companies in the world with annual revenues of $250 million by 1991."

I'll take a 25 bagger no problem.