Rene J. Robichaud has resigned as president and CEO of Layne Christensen Company (Nasdaq:LAYN), effective immediately. David A.B. Brown, Layne's non-executive chairman of the board, has been appointed to serve in the additional capacities of president and CEO, effective immediately. The board will engage an executive search firm to identify Robichaud's successor.
Brown has been a director of Layne since 2003, and has served as non-executive chairman of the board since 2005. He served as chairman of the board of directors of Pride International Inc. from 2005 until Pride's acquisition by Ensco Plc in 2011, at which time he became a member of the board of directors of Ensco Plc. He is also on the board of directors of EMCOR Group Inc., and from 1984 to 2005 Brown was president of The Windsor Group, a consulting firm that focused on strategic issues facing oilfield services and engineering companies. He is a Chartered Accountant and CPA, and has over 40 years of energy-related experience.
Layne is a global water management, construction and drilling company.