Hunting appoints Board member Jay Glick as Non-Executive Chairman alongside Richard Hunting as Non-Executive Director

– UK, London – Hunting PLC (LSE:HTG) is pleased to announce the appointment of John (“Jay”) Glick as non-executive Chairman of the Board with effect from 1 September 2017.

Jay will succeed Richard Hunting who on the same date will step down as Chairman after 26 years, but will remain on the Board as a non-independent, non-executive Director.

The succession process has been led by John Hofmeister, Hunting’s Senior Independent Director.

About Jay Glick

Jay was appointed as a non-executive Director on 2 February 2015 and has served on the Company’s Audit, Nomination and Remuneration Committees since his appointment to the Board.

Prior to joining Hunting, Jay was President and Chief Executive Officer of Lufkin Industries Inc. from 2008 to 2013, when Lufkin was acquired by General Electric Company. Between 1974 and 1994 Jay held several senior management roles within Cameron International Corporation and its predecessor companies. Jay is currently a non-executive director of TETRA Technologies Inc., a NYSE listed oil services company.

Jay is a US citizen and is resident in Houston, Texas, USA.

Mr Glick will also Chair the Board’s Nomination Committee.

About Richard Hunting C.B.E.

Richard was elected an executive Director and deputy Chairman on the formation of Hunting PLC in 1989 and has been Chairman of the Board since 1991. In 2011, Richard moved from an executive to a non-executive role. The Board appreciates Richard’s service and leadership over these many years.

Following the appointment of Mr Glick as Chairman of the Company and the Nomination Committee, Jay will step down as a member of the Audit and Remuneration Committees in line with UK governance recommendations. Mr Hunting will step down as a Chairman of the Nomination Committee and join the Audit Committee.

Commenting on the appointment, John Hofmeister, Senior Independent Director and non-executive Director of Hunting PLC, said: “The Board is delighted to announce the appointment of Jay as non-executive Chairman of Hunting. It is a key time for Hunting following the recent announcement of the appointment of Jim Johnson as the Group’s new Chief Executive. Jay’s extensive knowledge of the oil industry will ensure continued stability as the Group continues on its return to growth. We are also delighted that Richard Hunting has agreed to remain as a non-executive Director and thank him for his 45 years of continued steadfast service.”

Richard Hunting commented: “With Jay’s past experience as Chief Executive Officer of an oil services company and his 43 years in the industry, he is an ideal candidate to assume the role of Chairman and assist Jim as he leads the Company through its next phase of growth.”

Commenting on his appointment, Jay Glick said: “I am delighted to be appointed as Chairman of Hunting. I believe that we have an excellent management team and with our market leading technology and strong stakeholder relationships, I am very confident that we are capable of delivering successful performance and growth in the future.”

About Hunting PLC

Hunting PLC is an international energy services provider to the world’s leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in Canada, China, Indonesia, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.

For more information : http://www.huntingplc.com

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