KCA Deutag announces retirement of Chief Executive Officer
The Board of KCA Deutag has announced the appointment of Joseph Elkhoury as its new Chief Executive Officer with effect from 1 July 2019. Joseph takes over from Norrie McKay who has confirmed his intention to retire later this year. Norrie will remain with the group in an advisory capacity until 31 December 2019, working closely with Joseph to ensure a smooth transition.
Joseph brings with him 26 years of experience in a wide variety of operational and leadership roles in the oilfield services industry. Most notably he spent 21 years with Schlumberger Limited, originally joining the group in 1993 as a Wireline Field Engineer in Abu Dhabi. During his time there he held a number of senior positions and had responsibility for several of Schlumberger's businesses including Microseismic Services, Production Services, Information Solutions and Global Supply Chain.
In 2014, Joseph left Schlumberger to join stock exchange listed oil and gas services company, Tetra Technologies, Inc. as its Chief Operating Officer and Senior Vice President, with a mandate to improve its financial performance and to build a long term strategy for the company. During his time with Tetra, profitability increased significantly and transformation of the company was accelerated to capitalize on the growing US shale and other land markets.
Most recently Joseph was an Operating Partner, focusing on investment opportunities in the energy technology sector, at Apollo Global Management LLC, one of the world's largest alternative investment managers. He is also currently Chairman of the Board of Express Energy Services, one of its portfolio companies.
