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Published on 12/11/2008 in the Prospect News Special Situations Daily.

Global Industries founder elected to board

By Lisa Kerner

Charlotte, N.C., Dec. 11 - Global Industries, Ltd. founder and retired chief executive officer William J. Doré Sr. was elected to fill the vacancy on the company's board of directors following the resignation of Global Industries' chairman and CEO in October, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Doré retired as CEO in October 2006 and from the board in May 2007.

In the filing, Doré reported beneficial ownership of approximately 12.13 million shares, or 10%, of the company's common stock.

Global Industries is a Carlyss, La.-based provider of construction and support services to the offshore oil and gas industry.


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