ION Geophysical (IO) Appoints Zhang ShaoHua to Board

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Go back to ION Geophysical (IO) Appoints Zhang ShaoHua to Board

ION announces new appointment to its Board of Directors

February 11, 2021 4:21 PM EST

HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced the election of Mr. Zhang ShaoHua to its Board of Directors effective February 8, 2021.  

Under an Investor Rights Agreement between the Company and BGP Inc., China National Petroleum Corporation (BGP), BGP has the right to appoint a nominee to the Companys Board of Directors, and to replace that nominee from time to time. Mr. Zhangs appointment came as his predecessor on our Board, Mr. Zheng HuaSheng, transferred to another China National Petroleum Corporation company. Our Board approved Mr.... More