International subsea inspection, repair and maintenance group Harkand has appointed John Reed as its new CEO.
Reed, an industry veteran with more than 30 years’ experience in the offshore engineering and construction sector, is expected to take over the reins in October, replacing Nicolas Mouté who steered the group’s formation since inception and through the merger of Iremis, Integrated Subsea Services (ISS) and Andrews Survey following investment by Oaktree Capital Management and the acquisition of Veolia Marine Services. Mouté will move to another senior role within the group, to be announced later.
Reed most recently served on the Cal Dive International Inc. Board of Directors from May 2012 to August 2013. Prior to that he was CEO of Global Industries Ltd. from March 2010 until its acquisition by Technip S.A. and is a former CEO of Heerema Marine Contractors.
He holds a Bachelors’ degree in Engineering from the University of Mississippi and an MBA from Delta State University; and previously served as a member of the Board of Directors of the National Ocean Industries Association, is a past President of the International Pipeline and Marine Contractors Association and past Chairman of the International Marine Contractors Association, America’s Deepwater Division.
Employing 750 people at bases in Aberdeen in the UK, Dubai in the Middle East and Singapore and Perth in Asia Pacific, Harkand aims to grow turnover to $1 billion in the next five years.