Source: Shawcor Ltd.
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  • Shawcor (SCL) has announced the resignation of Gaston Tano, Senior VP of Finance and Chief Financial Officer
  • Mr. Tano has stepped down from his position and will be leaving the company on May 31, 2022
  • He is expected to be succeeded by Thomas R. Holloway, who will join Shawcor on December 1, 2021 as the company’s Vice President and Chief Accounting Officer
  • Shawcor is a global company serving various sectors of the infrastructure, energy and transportation markets
  • Shawcor Ltd. (SCL) is up 4.03 per cent, trading at $6.19 per share

Shawcor (SCL) has announced the resignation of Gaston Tano, Senior VP of Finance and Chief Financial Officer.

Mr. Tano has stepped down from his position and will be leaving the company on May 31, 2022.

He is expected to be succeeded by Thomas R. Holloway, who will join Shawcor on December 1, 2021, as the company’s Vice President and Chief Accounting Officer.

Mr. Holloway holds a BBA in Accounting from the University of Houston and joins Shawcor with experience in senior financial and accounting leadership roles in multiple energy-focused organizations.

In his interim role, Mr. Holloway will immediately assume responsibility for the company’s financial accounting and related reporting activities and will report to Mr. Tano.

While continuing to actively lead Shawcor’s finance function, Mr. Tano will work with Mr. Holloway to ensure a seamless transfer of responsibilities.

“The board would like to thank Gaston for his strong leadership and highly effective execution of so many important activities over the last five years,” said board chair Derek Blackwood.

Mike Reeves, president and CEO of Shawcor, also commented on the transition.

“On behalf of Shawcor employees around the world I want to recognize and thank Gaston for his extremely significant contributions to this organization,” said Mr. Reeves.

“I am very pleased,” he added, “to have someone of Tom’s caliber and capability join Shawcor and partner with me and the entire executive leadership team for the next phase of our growth.”

Shawcor is a global company serving various sectors of the infrastructure, energy and transportation markets.

Shawcor Ltd. (SCL) is up 4.03 per cent, trading at $6.19 per share as of 11:35 am ET.

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