NCS Multistage Holdings, Inc. Announces Retirement of Marty Stromquist as President, Effective April 1, 2020
March 27, 2020 at 10:12 am
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On March 25, 2020, Marty Stromquist, President of NCS Multistage Holdings, Inc. will be leaving his position as President effective April 1, 2020. Upon the effective date of the termination of his employment as President, Stromquist will continue as a director of the Company to serve as a Class III director with a term to expire at the 2020 Annual Meeting of Stockholders.
NCS Multistage Holdings, Inc. is a provider of engineered products and support services for oil and natural gas well construction, well completions and field development strategies. The Company offers products and services primarily to exploration and production companies for use in onshore and offshore wells. The Companyâs products and services are utilized in oil and natural gas basins throughout North America and in selected international markets, including Argentina, China, the Middle East and the North Sea. The Company owns a 50% interest in Repeat Precision, LLC, which sells composite frac plugs, perforating guns and related products directly to customers. The Company also provides tracer diagnostics services for well completion and reservoir characterization that utilize downhole chemical and radioactive tracers. The Company sells products for well construction, including its casing buoyancy systems, liner hanger systems and toe initiation sleeves.