NCS Multistage Holdings, Inc. Announces Resignation of Wade Bitter as Chief Accounting Officer and Treasurer Effective from March 31, 2020
August 22, 2019 at 04:26 pm EDT
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On August 20, 2019, Wade Bitter, Chief Accounting Officer and Treasurer of NCS Multistage Holdings, Inc. (the Company), informed the Company that he will be leaving his position effective March 31, 2020. Mr. Bitter will continue with the Company in his current role through the effective date in order to assist with the transition of his responsibilities. Upon the effective date of the termination of his employment, Mr. Bitter will be entitled to the severance payments.
NCS Multistage Holdings, Inc. is a provider of engineered products and support services for oil and natural gas well construction, well completions and field development strategies. The Company offers products and services primarily to exploration and production companies for use in onshore and offshore wells. The Companyâs products and services are utilized in oil and natural gas basins throughout North America and in selected international markets, including Argentina, China, the Middle East and the North Sea. The Company owns a 50% interest in Repeat Precision, LLC, which sells composite frac plugs, perforating guns and related products directly to customers. The Company also provides tracer diagnostics services for well completion and reservoir characterization that utilize downhole chemical and radioactive tracers. The Company sells products for well construction, including its casing buoyancy systems, liner hanger systems and toe initiation sleeves.