Group 42, Inc. today announced the appointment of Gregory M. Gray as a member of its board of directors. Gray previously served in a board advisory role for Group 42, and with his election he becomes a main board member.
Gray is Chief Executive Officer of Summit Technologies Co., Ltd., a Group 42 founding shareholder and its Middle East agent. Summit, headquartered in Al Khobar, Saudi Arabia, is a multinational energy services and related investment company, as well as a member of The Selected Group.
“With the energy industry becoming increasingly complex,” said Paul A. Bell, CEO of Group 42, Inc., “Gray’s business and legal experience in the global arena will be invaluable to helping Group 42 and its subsidiaries deliver exceptional technology-driven energy services in both developed and emerging markets.”
“We are honored to welcome Greg to the board,” added Group 42 Chairman Michael Keane. “He brings tremendous knowledge and experience in strategic planning, management and business law.”
“I am pleased to join Group 42’s main board,” said Gregory M. Gray. “I have enjoyed working as a board advisor, and now I look forward to helping grow Group 42 and develop its business around the world. The company is well positioned for a solid future, focusing on its existing and growing platform of innovative energy products and services.”
As CEO of Summit Technologies, Gray coordinates with its shareholders and directors in the sourcing, development, planning and execution of market penetration strategies for the partner enterprises it represents through agency or joint venture relationships.
He has extensive business experience in the U.S. and Middle East and has served as director of Summit-backed enterprises and as an investor in diverse outside enterprises.
He holds a Bachelor of Arts from Southern Methodist University and a Juris Doctorate from the Oklahoma City University School of Law.
About Group 42:
Group 42, Inc. is a San Antonio-based holding company for global energy services leaders: Well Flow International and Flo Trend Systems. Well Flow provides proprietary down hole wellbore clean up and stimulation solutions to customers worldwide. Flo Trend designs and markets liquid/solid separation equipment and services to energy and municipal customers throughout North America. For more information about Group 42, go to www.group-42.com.