(Amsterdam, Netherlands: July 7, 2008) Paradigm™ (www.pdgm.com), a leading provider of enterprise software solutions to the global oil and natural gas exploration and production industry, today announced the addition of Gary V. Morris to its executive leadership team as Chief Financial Officer. Morris will be accountable for all aspects of Paradigm's finance including accounting, financial planning and analysis, tax, treasury, audit, and investor relations. The appointment is effective July 8, 2008.
“Gary brings experience and leadership to Paradigm coupled with a passion for technology.” said John Gibson, chief executive officer of Paradigm. “His specific experience in the energy sector makes him unique and his outlook on the industry’s future is fully aligned with Paradigm’s vision for energy. His strengths complement those of our existing team.”
Morris, a seasoned senior executive, brings a distinguished background to Paradigm. His experience includes; P&L accountability, a record of significant achievement in M&A, and the successful execution of corporate strategy for a multi-national, multi-billion dollar, oil field service, engineering and construction company.
“Paradigm has extraordinary momentum and stands out as a leader in the creation and delivery of software that addresses the current and future challenges of the energy industry”, said Morris. “I’m excited to be a member of the leadership team supplying such a strong portfolio of differentiated subsurface technology to the world’s oil and gas industry.”
Morris began his career as a senior auditor at Arthur Andersen and Company. With over 30 years in supporting global finance in a variety of roles, he joins Paradigm from Herodotus Energy, LLC a consulting company where he served as partner. His long tenure at Halliburton Company began as a senior auditor, and rapidly brought him through the ranks to serve as controller, vice-president of finance for Energy Services Group, through divisional executive vice president and chief financial officer assignments, and culminated as EVP and CFO for Halliburton Company.
About Paradigm™
Paradigm B.V. (www.pdgm.com), an industry leader in digital subsurface asset management, helps global oil and gas companies locate new reserves and optimize production in complex geological areas. Paradigm’s technology advances the science of hydrocarbon detection with solutions in seismic data processing and subsurface imaging, prospect interpretation and modeling, reservoir characterization, and well planning and drilling. These exploration and production solutions operate in an open environment with connectivity to third-party data stores to accelerate project creation and turnaround. Paradigm has a global network of sales, services and user support, serving major oil and gas producing regions around the world. For additional information visit Paradigm’s website at www.pdgm.com.
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Forward-Looking Statements
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