Hydril's Board of Directors Elects Christopher T. Seaver as ChairmanChristopher T. Seaver
09 November 2006 - 11:27PM
Business Wire
The Board of Directors of Hydril (NASDAQ:HYDL) announces the
election of Christopher T. Seaver as Chairman of the Board, in
addition to his continuing leadership as President and Chief
Executive Officer of the company. Christopher Seaver has served as
CEO and a director of the company since 1997, and as president
since 1993. He joined the company in 1985 and has held a series of
domestic and international management positions since that time.
Prior to joining Hydril, Mr. Seaver was a corporate and securities
lawyer and, before that, a Foreign Service Officer with postings in
Kinshasa, Congo and Bogot�, Colombia. He holds J.D. and MBA degrees
from Stanford University. Richard C. Seaver has been elected
Chairman Emeritus and remains a director. Mr. Seaver has served the
shareholders as an employee since 1958 and as a director since
1964. He also served as President from 1964 to 1986, as Chairman of
the Board of Directors� Executive Committee from 1964 to 1992, and
Chairman of the Board of Directors since 1992. Chris Seaver
commented, �As part of our long planned succession program, I am
honored to be leading the company in implementing plans to ensure
the company maintains its position at the leading edge of
technology in our portion of the oil service industry. Richard
Seaver will actively serve the shareholders as a director, a
position he has held for the past forty-two years, as we continue
to build on his vision and leadership." Hydril Company,
headquartered in Houston, Texas, is engaged worldwide in
engineering, manufacturing and marketing premium connection and
pressure control products used for oil and gas drilling and
production. The Board of Directors of Hydril (NASDAQ:HYDL)
announces the election of Christopher T. Seaver as Chairman of the
Board, in addition to his continuing leadership as President and
Chief Executive Officer of the company. Christopher Seaver has
served as CEO and a director of the company since 1997, and as
president since 1993. He joined the company in 1985 and has held a
series of domestic and international management positions since
that time. Prior to joining Hydril, Mr. Seaver was a corporate and
securities lawyer and, before that, a Foreign Service Officer with
postings in Kinshasa, Congo and Bogota, Colombia. He holds J.D. and
MBA degrees from Stanford University. Richard C. Seaver has been
elected Chairman Emeritus and remains a director. Mr. Seaver has
served the shareholders as an employee since 1958 and as a director
since 1964. He also served as President from 1964 to 1986, as
Chairman of the Board of Directors' Executive Committee from 1964
to 1992, and Chairman of the Board of Directors since 1992. Chris
Seaver commented, "As part of our long planned succession program,
I am honored to be leading the company in implementing plans to
ensure the company maintains its position at the leading edge of
technology in our portion of the oil service industry. Richard
Seaver will actively serve the shareholders as a director, a
position he has held for the past forty-two years, as we continue
to build on his vision and leadership." Hydril Company,
headquartered in Houston, Texas, is engaged worldwide in
engineering, manufacturing and marketing premium connection and
pressure control products used for oil and gas drilling and
production.
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