Mullen Group Ltd. Announces Resignation of President & Co-CEO
OKOTOKS, AB, April 30, 2014 /PRNewswire/ - (TSX:MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Company") announced today that its President and Co-CEO, Stephen H. Lockwood Q.C., plans to resign as an officer of the Company effective June 30, 2014. Mr. Lockwood has held these positions since joining Mullen Group in September of 2004. He will continue as a director of the Company. Mr. Murray K. Mullen, Chairman and Chief Executive Officer, will assume the role of President.
"The past 10 years I have spent at Mullen Group have been very rewarding and fulfilling. I am proud of our accomplishments over these 10 years and would like to thank the Mullen team for their dedication and efforts in creating a 'best in class' organization", stated Mr. Lockwood.
"It goes without saying that Steve has been an integral part of this organization for many years. On behalf of our Board of Directors, our employees and the Senior Executive of Mullen Group, I thank Steve for his 10 years of dedication and service. I am also delighted that Steve will remain as a member of our Board of Directors ensuring that his experience, wisdom and professional guidance will remain with our organization", commented Mr. Mullen.
Mullen Group is a company that owns a network of independently operated businesses. Mullen Group provides a wide range of specialized transportation and related services to the oil and natural gas industry in western Canada and is one of the leading suppliers of trucking and logistics services in Canada - two sectors of the economy in which Mullen Group has strong business relationships and industry leadership. Mullen Group provides management and financial expertise, technology and systems support, shared services and strategic planning to its independent businesses.
Mullen Group is a publicly traded corporation listed on the Toronto Stock Exchange under the symbol "MTL". Additional information is available on our website at www.mullen-group.com or on SEDAR at www.sedar.com.
SOURCE Mullen Group Ltd.