C&J Energy names new CEO, CFO

C&J Energy Services Ltd. (NYSE: CJES) has appointed Don Gawick, C&J's current COO, to the position of president and CEO. Gawick will also continue performing his existing duties as the company's COO.  Gawick is a 37-year veteran of the oilfield services industry and has held numerous senior management positions over the course of his career since starting with Schlumberger in 1979.  He previously served as president and CEO of Casedhole Solutions Inc., a wireline services company that C&J acquired in 2012.  He has served as C&J's COO since 2012.

Gawick replaces Randy McMullen as C&J's former president and CEO. McMullen stepped into the CEO role earlier this year following the unexpected death of C&J's founder, chairman and CEO, Josh Comstock. McMullen has also departed from his role as CFO and as a member of the company's board.

Mark Cashiola has been appointed to serve as C&J's CFO. Cashiola joined C&J in January 2011 and has served as the company's vice president – controller and chief accounting officer. He has over 18 years of finance and accounting experience, the majority of which has been spent in the energy industry.

In addition, the board appointed Danielle Hunter as executive vice president, general counsel and chief risk officer following the departure of Ted Moore, C&J's prior executive vice president, general counsel and chief risk officer.  Hunter joined C&J in June 2011 and has served as the company's vice president – corporate and compliance and associate general counsel. Prior to joining C&J, Hunter practiced corporate law at Vinson & Elkins LLP from 2007 through 2011, representing public and private companies and investment banking firms in numerous capital markets offerings and mergers and acquisitions, primarily in the oil and gas industry. 

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