Seismic Industry Veteran Stephen Jumper Joins Geospace Technologies Board of Directors
22 12월 2023 - 6:30AM
Business Wire
Geospace Technologies Corporation (NASDAQ: GEOS) today announced
the addition of Stephen C. Jumper, former Chairman of the Board,
President and CEO of seismic data acquisition provider Dawson
Geophysical, to its Board of Directors effective December 21,
2023.
In joining the board, Mr. Jumper will be able to offer
contemporary insight from a broad seismic industry perspective,
which is highly relevant to Geospace moving forward with an
evolving energy transition and changing energy exploration
landscape. The new director brings experience from the investment
community, acquisitions and mergers and long-term growth strategy
to the board. Further, he navigated through the changing landscape
of the shale revolution in the early 2000s, the financial collapse
that took place from 2007 to 2009, as well as the industry
consolidation throughout the years.
“We’re enthusiastic about adding Steve to our board. We’ve had
the good fortune of knowing and working with him for many decades.
His experience in the capital markets arena, relationships with
critical players in the sector and customer-facing perspective as a
geophysical contracting executive is a welcomed addition to our
Board,” said Gary Owens, Geospace Technologies Chairman of the
Board.
“Geospace has long been a fixture in the seismic industry
spurring technological advances which have shaped and improved the
ways data acquisition and processing contractors have done
business. I’m deeply honored to join this respected organization,”
remarked Mr. Jumper. “In my previous role at Dawson, we often used
Geospace products directly or on behalf of other Geospace
customers. Now, with the tremendous consolidation occurring in our
industry as well as the growth of global business, I look forward
to contributing guidance and perspective through my new role on the
board of directors.”
Mr. Jumper previously served as Chairman, Chief Executive
Officer and President of Dawson Geophysical Company (NASDAQ: DWSN),
the largest land seismic operator in North America, from 2006 to
2023. He was appointed as the President, Chief Operating Officer
and Director of Dawson Geophysical in 2001. Throughout his
thirty-plus year career at Dawson Geophysical, Mr. Jumper played an
instrumental role in expanding the company’s presence in the U.S.
markets, penetrating the Canadian markets, as well as the strategic
merger of TGC / Dawson Geophysical that transitioned the company
into the largest land seismic operator in North America. Mr. Jumper
earned a Bachelor of Science in Geophysics from the University of
Texas at Austin.
About Geospace
Technologies
Geospace principally designs and manufactures seismic
instruments and equipment. We market our seismic products to the
oil and gas industry to locate, characterize and monitor
hydrocarbon-producing reservoirs. We also market our seismic
products to other industries for vibration monitoring, border and
perimeter security and various geotechnical applications. We design
and manufacture other products of a non-seismic nature, including
water meter products, imaging equipment, offshore cables, remote
shutoff water valves and Internet of Things (IoT) platform and
provide contract manufacturing services. Learn more at
www.geospace.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231221281962/en/
Caroline Kempf, ckempf@geospace.com, 321.341.9305
Geospace Technologies (NASDAQ:GEOS)
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