Layne Christensen (LAYN) Posts Narrower-than-Expected Q3 Loss; Issues Light Q4 Outlook
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Layne Christensen Names Michael J. Caliel President and Chief Executive Officer
December 10, 2014 7:01 AM ESTTHE WOODLANDS, Texas, Dec. 10, 2014 (GLOBE NEWSWIRE) -- David A.B. Brown, CEO and Chairman of the Board of Layne Christensen Company (Nasdaq: LAYN) ("Layne" or the "Company"), announced today the appointment of Michael J. Caliel as President and Chief Executive Officer, and Member of the Board of Directors, effective January 2, 2015. Mr. Caliel brings more than 30 years of global sales, management and operating experience to Layne. Â He will succeed Mr. Brown who assumed the role of CEO on an interim basis in June 2014. Mr. Brown... More
