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Bristow Group Inc. – ‘8-K’ for 9/16/20 – ‘EX-99.1’

On:  Wednesday, 9/16/20, at 5:54pm ET   ·   As of:  9/17/20   ·   For:  9/16/20   ·   Accession #:  1525221-20-72   ·   File #:  1-35701

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  As Of               Filer                 Filing    For·On·As Docs:Size

 9/17/20  Bristow Group Inc.                8-K:5,7,8,9 9/16/20   13:656K

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     35K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML      9K 
 9: R1          Cover Page                                          HTML     48K 
11: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- a8-kbrsx9162020_htm                 XML     17K 
10: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.CAL  XBRL Calculations -- vtol-20200916_cal               XML      7K 
 5: EX-101.DEF  XBRL Definitions -- vtol-20200916_def                XML     40K 
 6: EX-101.LAB  XBRL Labels -- vtol-20200916_lab                     XML     81K 
 7: EX-101.PRE  XBRL Presentations -- vtol-20200916_pre              XML     43K 
 3: EX-101.SCH  XBRL Schema -- vtol-20200916                         XSD     16K 
12: JSON        XBRL Instance as JSON Data -- MetaLinks               14±    21K 
13: ZIP         XBRL Zipped Folder -- 0001525221-20-000072-xbrl      Zip     20K

‘EX-99.1’   —   Miscellaneous Exhibit

This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]

 C: 
  nrlbristowcfoappointment  
Exhibit 99.1 Bristow Group Inc. NEWS RELEASE Bristow Names Jennifer Whalen Chief Financial Officer and Approves $75 Million Share Repurchase Program HOUSTON, September 16, 2020 – Jennifer Whalen has been appointed Senior Vice President, Chief Financial Officer (CFO) for Bristow Group Inc. effective today. In this role, she is responsible for accounting, financial reporting, investor relations, M&A, tax and other financial aspects of the Company. She was previously serving as the CFO in an interim role since June 2020. “Jennifer brings a wealth of knowledge about our business as well as existing relationships that will help the newly combined company enhance internal controls, processes and operations,” said Bristow President and Chief Executive Officer Chris Bradshaw. “I believe Jennifer is the best person for the job, as we navigate and mitigate the effects of the downturn in the offshore oil and gas industry and emerge with a more efficient cost structure.” Jennifer previously served as the Senior Vice President, Chief Financial Officer for Era Group Inc. from February 2018 to June 2020. She served as Era’s Vice President and Chief Accounting Officer from August 2013 until her appointment as Vice President, Acting Chief Financial Officer in June 2017. Jennifer joined Era as Controller in April 2012. “I am excited for the opportunity to continue to partner with my colleagues as we execute our strategy around efficiency and cash flow generation,” said Jennifer Whalen, Senior Vice President and Chief Financial Officer. From August 2007 to March 2012, Jennifer served in several capacities at nLIGHT Photonics Corporation, a supplier of high-performance lasers, including as Director of Accounting. Prior to these roles, Jennifer served as the Manager of Accounting at InFocus Corporation for over two years. After serving in the U.S. military, Jennifer started her career in public accounting in the assurance practice group at PricewaterhouseCoopers for five years. She received a B.S. in Accounting from Alabama A&M University and a master’s degree in Accounting from the University of Southern California. Bristow also announced today that on September 16, 2020, its Board of Directors approved a new $75 million share repurchase program. Repurchases under the program may be made in the open market, including pursuant to a Rule 10b5-1 plan, by block repurchases, in private transactions (including with related parties) or otherwise, from time to time, depending on market conditions. The program is expected to be funded using cash on hand and cash generated from operations. The repurchase program does not require Bristow to acquire any specific number of shares and may be terminated or suspended at any time.

 
Bristow Group Inc. NEWS RELEASE About Bristow Group Bristow is the world’s leading provider of offshore oil and gas transportation, search and rescue (SAR) and aircraft support services to government and civil organizations worldwide. Bristow’s strategically located global fleet supports operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, as well as in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Colombia, Guyana, Suriname and Trinidad. Bristow provides SAR services to the private sector worldwide and to the public sector for all of the United Kingdom on behalf of the Maritime and Coastguard Agency. To learn more, visit our website at www.bristowgroup.com. Bristow Group Inc. Investors Grant Newman +1 713.369.4692 InvestorRelations@bristowgroup.com News Media Adam Morgan +1 281.253.9005 adam.morgan@bristowgroup.com

 

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This ‘8-K’ Filing    Date    Other Filings
Filed as of:9/17/204
Filed on / For Period end:9/16/204
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Filing Submission 0001525221-20-000072   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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