ASRC Announces Leadership Change at First-Tier Subsidiary

After two years as president and CEO of ASRC Energy Services (“AES”), Doug Smith has resigned from his position. AES is a wholly-owned subsidiary of Arctic Slope Regional Corporation (“ASRC”).

“On behalf of ASRC’s board of directors, I thank Doug for his service to the Corporation and wish him all the best in his future endeavors as he pursues options to provide benefit to Alaskans and give back to the state that has provided great benefit to his family,” said Rex A. Rock Sr., president and CEO of ASRC.

Christine Resler, senior vice president and chief operating officer of AES, will assume the role of president and CEO of AES. Prior to joining AES, Christine spent more than 11 years at Schlumberger LTD., where she most recently served as GeoMarket Manager – Alaska, managing Schlumberger’s Alaskan operations, which included over 800 Alaskan employees. Christine brings substantial Alaska and Lower 48 oilfield service and management experience to the AES team, and will support immediate sustainment as well as future growth and expansion efforts for AES.

“I believe Christine has the skills to lead AES as it sustains and grows its operations in the Alaska market in pursuit of the goals established by our strategic plan,” added Crawford Patkotak, ASRC board chair.

About ASRC

Arctic Slope Regional Corporation is owned by and represents the business interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to Alaska Natives born after 1971, the corporation’s shareholder base has nearly tripled, growing from the 3,700 original enrollees to approximately 13,000 today. Corporate headquarters are based in Utqiaġvik (Barrow), Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. ASRC, along with its family of companies, is the largest Alaskan-owned company, employing approximately 13,500 people across Alaska and the Lower 48. The company has six major business segments: government contract services, petroleum refining and marketing, energy support services, industrial services, construction, and resource development.