GulfMark Gets a New CFO

The new CFO used to be the CEO of privately held Flex Energy.

By Rich Smith – Jun 3, 2013 at 9:11PM EST

Houston-based GulfMark Offshore (GLF +0.00%) has a new CFO.

On Monday, the marine transport company announced that when current Chief Financial Officer Quintin Kneen takes office as president and CEO on Tuesday, James (Jay) M. Mitchell will become the company's new executive vice president and CFO.

Mitchell comes to GulfMark from privately held Flex Energy, where he served as CEO. His previous experience includes work as CFO of T-3 Energy Services up until its purchase by Robbins & Meyers in 2011.

Kneen commented on the appointment: "I am pleased to welcome Jay aboard. He is a seasoned executive who brings fast-paced energy and good judgment, and will fit well with the entire GulfMark team."

Terms of Mitchell's compensation package have not yet been filed with the SEC.

Rich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”

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GulfMark Gets a New CFO

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