ION Geophysical CFO Heinlein Resigns; Steve Bate Named Successor

(RTTNews) - ION Geophysical Corp. (IO) on Thursday announced the resignation of its Senior Vice President and Chief Financial Officer, Greg Heinlein, who is leaving the company to pursue other interests.

The company has named Steve Bate as its Executive Vice President and Chief Financial Officer. Bate was previously Executive Vice President and Chief Operating Officer of ION's Systems division.

Bate joined ION in 2005 as Chief Financial Officer for the company's Solutions business. In 2007, he became Senior Vice President of ION's Sensor business, and in 2009, his role broadened to include leadership of ION's Land Imaging Systems division. Following the formation in March 2010 of INOVA Geophysical, ION's joint venture with BGP, Bate was appointed INOVA's first President and Chief Executive Officer and served in that role for two and a half years. In 2013, Bate was named Executive Vice President and Chief Operating Officer of ION's Systems division.