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Bristow Group Inc. (NYSE:VTOL), a $1.11 billion market cap aviation services company currently trading at $38.61, announced the immediate departure of Elizabeth Matthews from her roles as Senior Vice President, General Counsel, Head of Government Affairs, and Corporate Secretary. According to InvestingPro data, the company maintains a "GOOD" financial health score and is trading near its 52-week high of $39.91. The company stated that Matthews’ departure, which was effective Thursday, was not due to any disagreement with Bristow Group, its board of directors, or any matter related to the company’s financials, operations, policies, or practices.
As part of an organizational restructuring, Bristow Group will reallocate the responsibilities previously held by Matthews among other members of its legal and executive leadership teams. Anne Rappold has been appointed Corporate Secretary.
According to the company’s statement, Matthews will receive severance benefits in accordance with Bristow Group’s plans and policies for executive officers.
This information is based on a press release statement included in a recent SEC filing.
In other recent news, Bristow Group has released its financial results for the second quarter of 2025. The company held an earnings call where key executives, including CEO Chris Bradshaw and CFO Jennifer Whalen, discussed the financial performance. Although specific figures were not disclosed in the provided context, the earnings report is a critical update for investors seeking to understand Bristow Group’s financial health. The call also included a segment for questions and answers, allowing analysts and investors to gain further insights into the company’s operations. Additionally, the company reminded participants that forward-looking statements were part of the presentation, noting the inherent risks and uncertainties involved. These recent developments are crucial for investors as they provide a snapshot of Bristow Group’s current financial standing and strategic direction.
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