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These excerpts taken from the HLX 10-K filed Feb 29, 2008. Resignation
of Martin Ferron
Martin Ferron resigned as our President and Chief Executive
Officer effective February 4, 2008. Concurrently,
Mr. Ferron resigned from our Board of Directors.
Mr. Ferron remained employed by us through
February 18, 2008, after which his employment was
terminated. At the time of Mr. Ferrons resignation,
Owen Kratz, who served as Executive Chairman, resumed the role
and assumed the duties of the President and Chief Executive
Officer, and was subsequently elected as President and Chief
Executive Officer of Helix,.
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