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April 21, 2009

BUTCH KING

VT Halter Marine CEO Butch King dies

VT Halter Marine Inc. Chief Executive Officer Brigadier General Boyd E "Butch" King, USA (Ret.) died yesterday at the company's corporate headquarters in Pascagoula, Miss.

"The entire company is in mourning with our sudden and unexpected loss. We have lost a great leader and a true friend. We're closing ranks and moving forward as he would have insisted," said COO William E. Skinner, who will manage the company in the interim with the support of the management team.

Brigadier General King joined VT Halter Marine on December 16, 2002, as Chief Executive Officer, from Booz Allen and Hamilton, where he served as a senior associate.

In his 35 year U.S. Army career, he held leadership and command positions as a sergeant, warrant officer, commissioned officer and general officer, culminating in his appointment as Director of Transportation, Energy and Troop Support on the Army Staff.

He was a graduate of the Army War College and the Industrial College of the Armed Forces.

Butch King led VT Halter Marine from bankruptcy in 2002 to its reemergence as one of the premier second-tier shipbuilding companies within the U.S.

Recognizing the rich history and the eminent reputation held by the 'Halter' name, Butch King began rebuilding VT Halter Marine, Inc. one contract at a time. He took the helm of the new company with a backlog of contracts which were either revitalized or renegotiated to put it on solid footing once again.

Since Hurricane Katrina, Butch and VTHM's Senior Management, were responsible for securing commercial and government contracts and currently VTHM has a construction backlog through 2013.

"All of us are deeply saddened at the passing of Butch King, CEO of VT Halter Marine. Butch was a great leader and will be sorely missed. The legacy that he leaves behind is that of a strong and prosperous company that is committed to the customer and to continued success. On behalf of VT Systems, we extend our deepest condolences to Butch's family during this time of loss," said General (Ret) John G. Coburn Chairman and CEO of parent VT Systems, Inc.


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