BNET Industries

Veritas DGC Inc.

is in the Energy Industry

Last Fiscal Year Sales:$634.0M
  • Private
  • US
Dow Jones Description

Veritas gets straight to the truth about oil location. Founded in 1965 and headquartered in Houston, TX, Veritas DGC Inc. offers geological and seismic data to the petroleum industry. The company acquires, processes, analyzes, and sells 2D, 3D, and 4D (which record changes over time) images of the surface and subsurface in order to determine the best drilling locations. It has 15 data processing centers and 4 visualization centers. It operates in North America, South America, Europe, Africa, Middle East, and Asia. The company has annual revenue of about $634 million and employs about 3,000 people. In 2006, it performed wide-azimuth seismic surveys for BP America in the Gulf of Mexico. At January 31, 2006, the company's backlog amounted to $474 million.

Chairman and CEO
Robert Brunck
Number of Employees 2,794
Contact Information

10300 Town Park Dr

Houston, Texas 77072-5236

www.veritasdgc....

(832) 351-8300

NAICS Code Support Activities for Oil and Gas Operations: 213112

News & Analysis

veritas dgc inc. and veritas software corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Timothy L. Wells President & COO
Mark E. Baldwin CFO, Executive Vice President & Treasurer
Stephane-Paul Frydman Cfo
Gerard Chambovet Senior Executive Vice President, In
Colin Murdoch Senior Vice President, Technology
Dennis S. Baldwin Vice President & Controller
Larry Worden General Counsel, Vice President & Secretary
Scott Smith Vice President, HR
Stephen Hallows Vice President, Health, Safety & Environ
Vincent M. Thielen Vice President, Business Development
Michele Wood Director, Creative Services
Vince Thielen
Margaret S. Dano Director

Board of Directors

Name (plus bio) Position
Robert Brunck Chairman and CEO
Clayton P. Cormier Board of Directors
David F. Work Board of Directors
James R. Gibbs Board Director
Jan A. Rask Board of Directors
Loren K. Carroll Board Director
Stephen J. Ludlow Vice Chairman
Terence K. Young Board of Directors
Yoram Shoham Board of Directors

Organization Position Status
Hampson-Russell Software Services Ltd. Chairman and CEO Current
CGGVeritas Services CEO Current
Cgg Chairman and CEO Current
Veritas DGC Inc. Chairman and CEO Current
Armines Director, Chairman Current
CGGVeritas Services Chairman Current
Armines Director Current
Cgg Chairman and President Former
Cgg Chief Former
Cgg Vice President of Administration and Development Former
Cgg Vice Chairman Former

Organization Position Status
Veritas DGC Inc. President & COO Current

Organization Position Status
Veritas DGC Inc. CFO, Executive Vice President & Treasurer Current
First Reserve Corporation executive vice president Former
First Reserve Corporation operating partner Former

Organization Position Status
Veritas DGC Inc. Cfo Current

Organization Position Status
Veritas DGC Inc. Senior Executive Vice President, In Current
Cgg Senior Executive Vice President, In Current
Cgg Chairman of the Board Current
Argas Director Current
Cgg Manager Former
Cgg Director Former

Organization Position Status
Veritas DGC Inc. Senior Vice President, Technology Current
The Technology Company, Inc. Senior Vice President Former

Organization Position Status
Veritas DGC Inc. Vice President & Controller Current
Universal Compression, Inc. Vice President & Controller Former
Exterran Partners, L.P. Controller Former

Organization Position Status
Veritas DGC Inc. General Counsel, Vice President & Secretary Current
King Ranch, Inc. Secretary Former

Organization Position Status
Veritas DGC Inc. Vice President, HR Current
Baker Hughes Incorporated Vice President of Manufacturing Former

Organization Position Status
Veritas DGC Inc. Vice President, Health, Safety & Environ Current

Organization Position Status
Veritas DGC Inc. Vice President, Business Development Current

Organization Position Status
Veritas DGC Inc. Director, Creative Services Current
Veritas DGC Inc. Director, Creative Services Former

Organization Position Status
Veritas DGC Inc. Current

Organization Position Status
Veritas DGC Inc. Board of Directors Current

Organization Position Status
Veritas DGC Inc. Board of Directors Current

Mr. James R. Gibbs joined the Company in February 1982 and has been President and Chief Operating Officer since January 1987. He assumed the additional position of Chief Executive Officer on April 1, 1992 and additionally became Chairman of the Board on April 29, 1999. Mr. Gibbs is a member of the Board of Directors of Smith International, Inc., an oil field service company; an advisory director of Frost National Bank in Houston; a director of Veritas DGC Inc., a seismic service company; and a director of Talon International, an oil and gas company. Mr. Gibbs was elected a director of the Company in 1985.

Organization Position Status
Frost National Bank Advisory Director Current
Frontier Oil Corporation Chairman Current
Smith International, Inc. Board Director Current
Veritas DGC Inc. Board Director Current
Frontier Oil Corporation Chief Executive Officer Former
Frontier Oil Corporation Board of Directors Former

Organization Position Status
Veritas DGC Inc. Board of Directors Current

Mr. Carroll served as President and Chief Executive Officer of M-I SWACO, a supplier of drilling and completion fluids and waste management products and services owned 60% by Smith International, Inc., and as Executive Vice President of Smith International, Inc., a supplier of products and services to the oil and gas, petrochemical, and other industrial markets from March 1994 until his retirement in April 2006. He initially joined Smith International in December 1984, and was serving as Executive Vice President and Chief Financial Officer when he left in 1989 and returned in October 1992. Mr. Carroll is a director of Smith International, Inc., Fleetwood Enterprises, Inc., a producer of recreational vehicles and manufactured homes, CGG-Veritas, a geophysical services and equipment company, and KBR, Inc., an engineering and construction company. Mr. Carroll is a member of our Compensation Committee and is the Chairman of the Nominating and Corporate Governance Committee.

Organization Position Status
CGGVeritas Services Producer Current
KBR, Inc. Board of Directors Current
Fleetwood Enterprises, Inc. Director Current
Forest Oil Corporation Director Current
Cgg Director Current
Motor Carrier Services Director Current
Veritas DGC Inc. Board Director Current
Smith International, Inc. Board Director Current
Mi-Co, Inc. Chief Executive Officer Former
M-I L.L.C. President & CEO Former
Fleetwood Enterprises, Inc. President Former
Smith International, Inc. Cfo Former
Mi-Co, Inc. Executive Vice President Former
Smith International, Inc. Vice President Former
Veritas, Inc. Director Former

Organization Position Status
Veritas DGC Inc. Director Current
Fleetwood Enterprises, Inc. Board of Directors Current
Fleetwood Enterprises, Inc. Vice President, Worldwide Operations Former
Supreme Court of the United States Former

Organization Position Status
Veritas DGC (M) Sdn. Bhd. President Current
Veritas DGC Inc. Vice Chairman Current
Veritas DGC Inc. Vice Chairman Current

Organization Position Status
Veritas DGC Inc. Board of Directors Current

Organization Position Status
Veritas DGC Inc. Board of Directors Current
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