Crosco Shuffles Management

Crosco Integrated Drilling & Well Services Co. announced that Peter Szekely and Tomislav Tadic have been appointed to the company's Management Board and that Tomislav Tadic has been appointed as Crosco's Chief Financial Officer.

Tomislav joined Crosco from Dioki Plc where he was CFO and Board Member from 2010. Previously, Tomislav served as the CFO of CCS Investments Ltd which was preceded by his two year Managing Director position at Proventus Strategije Ltd commencing in 2007. Between 1999 and 2007, Tomislav worked his way up to the Deputy Executive Director position of the Investment Banking Division at Privredna banka Zagreb. Tomislav has a Bachelor of Engineering degree as well as a Master's degree in Economics from the University of Zagreb.

Peter has served as Crosco's Director of Corporate Services since July 2011 and retains that position. From 2006 to 2011, Peter served as the Finance Manager and subsequently as the Managing Director at the upstream Oman subsidiary of MOL Hungarian Oil and Gas Company (MOL). Previously, from 2001 to 2006, he was the Executive Assistant to MOL's Chairman & CEO and subsequently Secretary of the MOL Board of Directors and the MOL Supervisory Board. Between 1996 to 2001, Peter was a Financial Analyst focusing on upstream projects in Yemen, Algeria and Russia at MOL's International Exploration and Production Division. Peter has both Bachelor of Science and Bachelor of Arts degrees from the University of Kansas and is set to complete his MBA from the London Business School.