Bristow Group restructures business operations

Bristow Group (NYSE: BRS) has centralised, simplified, and standardised its business operations to improve safety performance, effectiveness and efficiency for clients, the company said.

This new structure will enable the company to continue to reduce costs, while improving its leading competitive position.

As part of this new organizational structure, Chet Akiri has been named acting senior vice president operations and chief commercial officer reporting to Bristow Group President and Chief Executive Officer Jonathan Baliff.

Jeremy Akel, who previously served as Bristow´s senior vice president and chief operating officer, has departed the company, and Bristow is eliminating the chief operating officer position.

Also departing the organization is Mike Imlach, Bristow´s vice president of global operations and Mike Sim, vice president of business development.

In his new role, Akiri will merge corporate strategy and diversification with the other commercial areas of the company, including oil and gas business development, that further benefit Bristow´s customers and increase its competitiveness. Akiri will oversee operations on an interim basis while a search is underway for a new senior vice president of global operations.

Bristow Group provides industrial aviation services offering exceptional transportation, search and rescue (SAR) and aircraft support services, including helicopter maintenance and training, to government and civil organizations worldwide. With headquarters in Houston, Texas, Bristow has major operations in the North Sea, Nigeria, the US Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad.