Smith resigns as Cal Dive CFO

Brent D. Smith, CFO of Cal Dive International Inc. (NYSE:DVR), has "voluntarily resigned from the company effective June 13, 2014 to pursue other opportunities," the Houston-based company said in a prepared statement.

Until a new CFO is named, Quinn J. Hébert, the company’s chairman, president and CEO will assume the additional responsibilities of CFO. Smith has agreed to make himself available to assist during the transition.

Smith spent 10 years with Houston-based Cal Dive International, stepping in as CFO following the departure of Bruce Koch in 2010. Before that time, Smith served as the company's vice president – finance.

Cal Dive International, a marine services provider to the offshore oil and natural gas industry, refinanced its debt in May 2014 in an effort to provide more flexibility and liquidity for ongoing and future construction work.



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