Boswell to leave Forest Oil - August 03, 2003

Providing coverage of Alaska and northern Canada's oil and gas industryAugust 2003

Vol. 8, No. 31

Week of August 03, 2003

Boswell to leave Forest Oil

Forest Oil said July 31 its chairman of the board and chief executive officer, Robert S. Boswell, is resigning as CEO immediately and will retire from the board on Sept. 30.

Forest’s president and chief operating officer, Craig Clark, has been elected president and CEO and a director of the company. Forrest E. Hoglund, currently a director of the company and chairman of the board’s executive committee, will become Forest’s chairman of the board when Boswell steps down in September.

Boswell has been with Forest for 17 years. He has served as the chairman of the board since March 2000 and as CEO since December 1995. He was president of the company from 1993 to 2000, and its chief financial officer from 1991 to 1993. Boswell has been a director of the company since 1986

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