SMT Hires New Executive for Continued Expansion
Seismic Micro Technology (SMT) announced the appointment of President International, TengBeng Koid, to oversee its sales and operations in Asia, Europe, Middle East, Australia and Africa. The appointment of Mr. Koid, following the recent opening of SMT's fifth regional office located in Abu Dhabi, demonstrates SMT's continued expansion into international markets.
Arshad Matin, President and CEO, said, "Mr. Koid joins SMT at an exciting time when our international business has expanded to 95 nations and represents the majority of revenue. His proven experience in building relationships with National Oil Companies will be invaluable to SMT, as NOCs now represent the fastest growing segment. Moreover, Koid has a proven track record of building highly successful sales organizations. Under his leadership, we expect SMT's growth to accelerate in international markets. I am pleased that an industry leader has chosen to join our team."
Previous to SMT, Koid was the Executive Vice President and COO for Global Business Development at ION Geophysical, where he was employed from 2004. During Koid's tenure at ION, his tireless dedication helped the company grow significantly. Prior to ION, Koid worked for Halliburton\Landmark where he oversaw expansion into the Asia Pacific market from 1996 to 2000 as Vice President/General Manager. Koid also took on various roles at Landmark from 2000 to 2004 such as Vice President, Global Business Development and Vice President, Asset Performance Consulting. Koid moved to Halliburton and was Vice President with accountabilities over selected National Oil Companies. Prior to joining Landmark, he was employed at IBM as a Senior Manager specializing in the oil and gas business.
TengBeng Koid said, "Having watched this organization grow into the market leader in geoscience software over the last few years, I am excited to be part of the SMT family. I am very impressed with the SMT vision, technology and team. The company is extremely well positioned for continued growth in our markets."