Prady Iyyanki has been appointed CEO and president of Houston-based Forum Energy Technologies (NYSE: FET) as part of a long-planned transition, according to a news release.
Iyyanki, who currently serves as president and COO of the global oilfield products company, will succeed C. Christopher Gaut, effective May 16. Gaut will become executive chairman, the Business Wire news release said. In addition, the company’s board of directors nominated Iyyanki to stand for election as a director at the 2017 annual stockholders’ meeting in May.
Iyyanki joined Forum in 2014 after a 16-year tenure with General Electric, where he served in various senior management roles. These included president and CEO of GE Genbacher/Gas Engines from 2006 to 2011 and president and CEO of turbomachinery equipment from 2011 to 2012.
Recommended Reading
Defeating the ‘Four Horsemen’ of Flow Assurance
2024-04-18 - Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production—and keep the cash flowing.
Tech Trends: AI Increasing Data Center Demand for Energy
2024-04-16 - In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.
AVEVA: Immersive Tech, Augmented Reality and What’s New in the Cloud
2024-04-15 - Rob McGreevy, AVEVA’s chief product officer, talks about technology advancements that give employees on the job training without any of the risks.
Lift-off: How AI is Boosting Field and Employee Productivity
2024-04-12 - From data extraction to well optimization, the oil and gas industry embraces AI.
AI Poised to Break Out of its Oilfield Niche
2024-04-11 - At the AI in Oil & Gas Conference in Houston, experts talked up the benefits artificial intelligence can provide to the downstream, midstream and upstream sectors, while assuring the audience humans will still run the show.