AKITA Drilling Ltd. says that Murray Roth, Vice President, Finance and Chief Financial Officer, has provided AKITA with notification of his intention to retire on May 13, 2016. Mr. Roth has been the senior financial officer for AKITA since the Company's formation in 1993. AKITA further says that Darcy Reynolds will be appointed Vice President, Finance effective May 14, 2016.
'Murray's knowledge, strong work ethic and commitment to excellence have been greatly appreciated over the years. I am very thankful for his many contributions which have been invaluable to the organization and the success we have achieved. I wish him all the best in his pending retirement and future endeavours,' said Karl Ruud, President and Chief Executive Officer of AKITA.