08:36 AM EDT, 10/06/2025 (MT Newswires) -- Precision Drilling Corporation ( PDS ) was at last look up near 2% in US premarket after announcing Monday that, as part of its long-standing succession plan, Carey Ford has been appointed as President and Chief Executive Officer and as a member of the Board. He succeeds Kevin Neveu, who has retired after serving as President and Chief Executive Officer and as a member of the Board since 2007.

A statement noted Ford joined Precision in 2011 and has served as CFO since 2016. Neveu will continue in an advisory role on transition of role to Ford.

The board also announced two key leadership appointments. Gene Stahl has been appointed Chief Operating Officer, bringing more than 28 years of experience with the company, including leadership in marketing and North American drilling operations, and representing Precision by serving in senior positions in prominent energy industry associations. Dustin Honing has been named Chief Financial Officer after nearly 15 years with Precision, most recently serving as Vice President, Operations Finance.

Shares in Precision rose 1.85% last Friday in Canada.