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Board of Directors

William E. “Bill” Chiles

Chairman of the Board

Bill Chiles became Chair of the Board in May 2022. Mr. Chiles is a Managing Partner of Pelican Energy Partners, a private equity fund focused on investments in energy services and manufacturing companies. He was also Senior Advisor and CEO Emeritus of Bristow Group, Inc., a publicly traded and leading provider of international helicopter services to the offshore oil & gas industry. Mr. Chiles joined Bristow in 2004 as CEO, President and a board member after a 32‐year career in the offshore oil & gas drilling business, including management positions at Grey Wolf, ENSCO, Cliffs Drilling and Chiles Offshore. Mr. Chiles has served as a Director of the Company since 2014 and was formerly Chair of the Compensation Committee.

Robert M. Averick


Robert Averick has over 15 years of experience as a small-capitalization, value-driven public equity portfolio manager. He is a Portfolio Manager of Kokino LLC, a private investment firm that provides investment management services to Piton. His previous work experience includes positions of increasing responsibility within structured finance, strategic planning and consulting. Since January 2016, Mr. Averick has served as a member of the Board of Directors of Amtech Systems, Inc. He previously served on the Board of Directors of Key Technology, Inc., from June 2016 until the company’s sale in March 2018. Mr. Averick has served as a Director of the Company since 2018 and is Chair of the Compensation Committee.

Michael J. Keeffe


Michael Keeffe is a retired Senior Audit Partner of Deloitte & Touche LLP. Mr. Keeffe served a number of clients in the engineering and construction, shipbuilding and fabrication sector during his tenure at Deloitte & Touche. Mr. Keeffe has served as a Director of the Company since 2014 and is a Financial Expert and Chair of the Audit Committee.

Cheryl D. Richard


Cheryl Richard has more than 30 years of experience in the energy industry, including service with upstream, offshore drilling and related companies.  From 2003 to 2010, she served as Senior Vice President of Human Resources & Information Technology for Transocean Ltd. She also served as Vice President of Human Resources for Chevron Phillips Chemical Company from 2000 to 2003 and in various leadership roles for Conoco Phillips from 1980 to 2000. Ms. Richard currently serves on the Supervisory Board of SBM Offshore N.V.  Ms. Richard has served as a Director of the Company since 2018 and is Chair of the Governance & Nominating Committee.

Jay R. Troger


Jay Troger is a non-executive director for Gore Street American Corporation and LeviSense Medical Inc. From 2016 to 2021, he served as Chief Executive Officer and director of Mopec Group. Before 2016, Mr. Troger was a partner at Bain & Company, a strategic consulting firm, and chief executive of several manufacturing and distribution companies. 

Richard W. Heo

President & Chief Executive Officer

Richard Heo became Chief Executive Officer in November 2019. Prior to joining the Company, he served as Senior Vice President of North, Central and South America for McDermott International, Inc. (“McDermott”). Prior to his time with McDermott, Mr. Heo served as Executive Vice President of Fabrication Services for Chicago Bridge & Iron N.V. (“CB&I”) and President of CB&I’s Engineered Products business unit. Prior to joining CB&I, he served in various senior leadership positions at KBR, Inc.