CHC Appoints New Chief Executive Officer

CHC Appoints New Chief Executive Officer

11-Aug-2010 Source: CHC

CHC Helicopter, the world’s leading offshore helicopter services provider today announced the appointment of William J. “Bill” Amelio as Chief Executive Officer, effective immediately.

Amelio replaces Sylvain Allard who recently retired after a successful 25-year career with CHC that saw the company grow from a small domestic helicopter operator to a global leader in offshore oil worker transportation, helicopter maintenance and civilian search and rescue services.

“We have found the right person to take CHC Helicopter to the next level of performance,” said Mark McComiskey, Managing Director of First Reserve Corporation, the private equity firm that purchased CHC Helicopter in a CDN$3.7 billion transaction in 2008. “Bill is an experienced CEO who grows businesses using his international perspective, a disciplined management approach and an ability to build and enhance a corporate culture that blends competitiveness with high standards of safety and performance.”

Amelio has extensive international experience with several major corporations. Previously, Amelio was President and CEO of the Lenovo Group, the global personal computer maker, where he managed the integration of the IBM personal computer business, implemented a business transformation program and globalized the Lenovo computer brand. During his career Amelio has also led businesses in leading companies such as Dell, NCR, and AlliedSignal. He serves on the board of directors of National Semiconductor, a major designer and manufacturer of analog semiconductor devices.

“CHC’s impressive reputation as a leader in its industry was an important factor in my decision to join,” said Amelio. “I look forward to meeting our customers, partners and staff and the challenge of infusing my experience into a vision for CHC’s future.”

Amelio holds a master’s degree in Management from Stanford University and a bachelor of science degree in Chemical Engineering from Lehigh University. Through the Amelio Foundation, Bill and his wife Jamie founded Caring for Cambodia, a non-profit organization that aims to educate the children of Cambodia through building schools, training teachers, and providing for basic human needs.

CHC Helicopter
Headquartered in Vancouver, BC, CHC Helicopter is a global leader in helicopter transportation services for the offshore oil and gas industry, operating some 270 aircraft in some 35 countries. It is also a world leader in the provision of civilian search and rescue services, with current contracts in Australia, the United Kingdom, Ireland and other locations. CHC is the parent company of Heli-One, one of the world’s largest helicopter maintenance companies. With its headquarters also in Vancouver, Heli-One provides tip-to-tail maintenance services for a wide range of helicopters at bases throughout the world.

First Reserve Corporation
CHC Helicopter is owned by US-based private equity firm, First Reserve Corporation. First Reserve is the world’s leading private equity firm in the energy industry. Throughout its 25-year history, First Reserve has developed a strong franchise investing exclusively in the energy industry, utilizing its broad base of specialized industry knowledge. First Reserve believes that strategic diversification across a wide range of energy industry sectors has been a major contributor to the long-term, superior investment record achieved by the First Reserve Funds across economic cycles.

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