Forbes Energy Services Ltd. (FES) (FRB.TO) announced that Ted A. Izatt has been appointed to its Board of Directors, effective August 15, 2012. In connection with Mr. Izatt's appointment, the size of the Board was increased from six to seven members.
Mr. Izatt, 56, has more than 28 years of financial experience. Since September 2010, he has served as Chief Investment Officer for QRI, LLC, focusing on acquisitions and capital plays in the oil sector. In addition to this position, Mr. Izatt served as QRI, LLC's Chief Financial Officer and ...