Proserv division Gilmore appoints CEO to lead expansion plans

David Nemetz as its new Chief Executive Officer (CEO)

  
David Nemetz CEO Gilmore

David Nemetz CEO Gilmore

Abu Dhabi: Gilmore, a Proserv Company, a leading provider of flow control solutions has appointed 25-year energy industry veteran David Nemetz as its new Chief Executive Officer (CEO).

Gilmore, a long-established Houston based business, has been providing cutting-edge flow control solutions, such as critical service valves and regulators, to the oil and gas industry for more than 50 years. Its wide array of products targets the drilling, downhole, production and wider industrial sectors.

Proserv has a significant presence in the Middle East, with facilities right across the Arabian Peninsula and its expanding services business headquartered in a recently opened base in Abu Dhabi.

David Nemetz, an engineer by training, possesses a Master of Business Administration degree (MBA) and has participated in executive education programmes through the Wharton School and the Harvard Business School. He previously held senior roles at the likes of TechnipFMC and FMC Technologies, before first joining Proserv as Project Director in May 2019, soon after which he then took up the role of President at Gilmore.

Nemetz has significant experience of defining and executing strategic growth plans and this background has already proved invaluable as Gilmore looks to widen its footprint across markets and regions, utilising both organic and inorganic expansion strategies, through 2021 and beyond.

The business intends to direct its solutions to new segments of oil and gas, including a landmark move into the unconventional drilling space, while it will also harness the reliability and durability of its renowned shear seal technology in severe service environments and apply that to parts of the sector, and other industries, where existing products do not offer the same level of quality or robustness.

Driven by Nemetz as CEO, Gilmore will also actively pursue appropriate business acquisitions that will accelerate penetration into new markets or widen its product capabilities and range.

Speaking about his appointment, Nemetz commented:

“I am delighted to take on the role of CEO at Gilmore. This business not only has an enviable heritage in the development of flow control solutions, but the unrivalled quality of its products and materials, its shear seal technology, durable in the harshest of environments, and the optimised serviceability of its designs, all supported by the vast talent of the Gilmore team, open up exciting possibilities regarding our future path and what we can offer.

“Through 2021, we will roll out a range of genuinely disruptive products, incorporating exciting new materials, which will take corrosion resistance, debris tolerance and durability in unconventional completions solutions to a whole new level. These will provide a paradigm shift in the reliability and durability of flow control technology available in the market right now.”

Nemetz’s senior team is augmented by Ryan Bludau, Vice President (VP), Technology and Business Ventures, who plays a key role in Gilmore’s inorganic growth strategy and new product development, and Scott Shugart, VP, Operations, who oversees key strategic and logistical functions as the business looks to grow, including fulfilling on-time delivery targets.

Despite the challenges of the global Covid-19 pandemic, Gilmore enjoyed a very resilient year through 2020, supported by its release of seven new products, comprising the latest unveilings from its cutting-edge GEN 2 range of valves and regulators.

David Currie, Group CEO, Proserv stated:

“We have set out ambitious plans for Gilmore in the coming few years as it unveils significant product launches and targets entirely new markets. The core fundamentals of Gilmore, from its research and development and design capability, through to its high-quality materials and industry leading qualification testing, are best in class.

“In David Nemetz we are delighted to have appointed a leader with the necessary experience, vision and drive to inspire this excellent team and continually push its flow control technology forwards to fully maximise its potential.”

Ends

The Proserv Group “Proserv” is a controls technology company, incorporating two divisions, Proserv Controls and Gilmore, a Proserv Company, providing tailored solutions to clients across the energy sector. Proserv operates worldwide and has offices in the US, Europe, the Middle East & Asia. For more information, visit www.proserv.com 

For further details please contact: -
Jonathan Sheikh-Miller, Global Content & PR Manager
Jonathan.Sheikh-Miller@proserv.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases