Feb 5, 2008
The Woodlands, TX — Don Kyle, Chief Executive Officer of DynaPump, Inc., today publicly announced the addition of six key executives to The Woodlands-based energy company. DynaPump is a leading manufacturer of surface-mounted artificial lift systems for the oil and gas industry. The Company’s customer base includes large independent oil and gas producers and a number of the integrated majors. DynaPump provides maintenance and repair services to support its units in the field.
The executives named to the top positions were Jeff Martini, Chief Financial Officer; Jim Pfeil, Vice President of Sales; Jim Lindsey, Vice President of Service; Jacob Mail, Vice President of Manufacturing and Engineering, and Scott Kite, Director of Quality. Kyle also announced that 15-year DynaPump veteran, Michael Nofal, will assume the title and responsibilities of Senior Vice President of Operations
Kyle said he is honored to have this caliber of team to help guide the growth of the company.
“We are fortunate to have recruited top performers with proven track records in each of their respective disciplines,” stated Kyle. “Our customers and future customers will significantly benefit from the addition of these key players in our organization.”
Martini, Chief Financial Officer, recently served as Vice President, Finance at Stewart & Stevenson LLC, a billion-dollar oilfield equipment manufacturer based in Houston, TX. During his term at Stewart & Stevenson, Mr. Martini was an integral member of a small team that completed a $60 million turnaround on $500 million in sales in its largest operating segment.
Pfeil, Vice President of Sales, boasts sales management experience with several industry leading corporations, specifically Donaldson Company, Inc. and Stewart & Stevenson. His sales leadership teams have consistently transformed companies to dominant market leaders in North America.
Lindsey, Vice President of Service, joins the organization with substantial experience in high-growth environments. Most recently, Lindsey was part of a team that grew the Commercial Vehicle Group’s revenues from $100M to $900M.
Mail, Vice President of Manufacturing and Engineering, most recently served as Chief Operating Officer of Aura Systems, Inc., where he turned a startup manufacturing environment into an ISO 9001 certified operation. Mr. Mail also has extensive experience working with blue chip industry leaders such as Boeing, McDonnell Douglas, and Smiths Aerospace in the application of hydraulic and other technology to the aerospace industry.
Kite, Director of Quality, served in the same capacity with Aura Systems, Inc. and Rohr, Inc., with responsibilities for all aspects of Quality including creation and implementation of the Total Quality Management System. Mr, Kite brings 27 years of industry direct experience to his role with DynaPump.
Nofal, Senior Vice President of Operations, had served as CFO and member of the board of directors of DynaPump for the past 15 years which provides the new additions to the DynaPump management team a unique perspective and a valuable source of knowledge. Mr. Nofal’s new role includes responsibilities for general operations, as well as international sales and marketing. Nofal is also actively developing DynaPump’s international distributor network.
About DynaPump, Inc.: Originally founded in 1992, the Company has developed a new, innovative technology for enhancing oil and natural gas well production. DynaPump manufactures, sells and services surface mounted artificial lift systems for the oil and gas industry that are lighter in weight, lower in cost, more energy efficient and have a greater lifting capacity when compared to conventional rod lift systems. Headquartered in The Woodlands, TX, the Company is privately held and backed by major private equity investors who are focused on the energy and cleantech sector Element Partners and NGP.
