In order to more effectively align and leverage CGG’s strength in potential field and electromagnetic geophysical methods, effective January 1st, 2015, a Business Line named Multi-Physics will be established in the Acquisition Division. This Business Line will combine all of the current Airborne Business Line with the GravMag Solutions business that is presently in the Marine Business Line. The Multi-Physics Business Line will be led by Gregory Paleolog.
The distinct brand identities of GravMag Solutions and Airborne will be retained with each of these business units continuing to trade under these names. Emily Farquhar will continue to lead GravMag Solutions, now reporting to Greg, and the Airborne management structure and reporting relationships will be unaffected.