McCoy Corporation appoints permanent Chief Financial Officer

EDMONTON, May 16, 2013 /CNW/ - McCoy Corporation ("McCoy" or "the Company") (TSX:MCB), a supplier of innovative products and services for the global energy industry, today announced the appointment and promotion of Mr. Jacob Coonan as the Company's Chief Financial Officer ("CFO"), effective immediately.

"Jacob has excelled in his role as Interim CFO, demonstrating strong leadership and a great depth of knowledge," said Jim Rakievich, President and CEO of McCoy. "The Board of Directors and I are confident in Jacob's ability to manage McCoy's finance group as well as capital markets responsibilities, and would like to congratulate Jacob on his well-deserved promotion."

Mr. Coonan was a Senior Manager at KPMG where he worked for eight years prior to joining McCoy Corporation as the Company's Vice President, Finance in January 2012. Mr. Coonan is a Chartered Accountant with a Bachelor of Commerce degree from the University of Alberta and a Masters of Professional Accounting from the University of Saskatchewan. Mr. Coonan served as McCoy's Interim CFO since March 6, 2013.

About McCoy Corporation
McCoy provides innovative products and services to the global energy industry. McCoy's two segments, Energy Products & Services and Mobile Solutions, operate internationally through direct sales and distributors with its operations based out of Western Canada and the US Gulf Coast. McCoy's corporate office is located in Edmonton, Alberta, Canada with offices in Alberta, British Columbia, Louisiana, and Texas.

SOURCE: McCoy Corporation