News & Events
Geomodeling Announces Mike Odell as CEO
January 7, 2008
(Calgary, Alberta – January 7, 2008) The Board of Directors of Geomodeling Technology Corp. has named Mike Odell as Chief Executive Officer, effective immediately.
With a 35-year career track record, Mr. Odell has had progressive sales, marketing, operations, and executive positions in software and energy-based companies. He has been on management teams that rapidly grew software companies through the IPO process, and has led several significant acquisitions and divestitures.
Renjun Wen, Geomodeling’s Chairman, Chief Technology Architect, and Founder, said that Geomodeling’s Board selected Odell because of his track record of taking software companies to their next level of growth.
"Mike was a natural choice for us because of his proven ability to lead performing teams and drive top-notch sales and marketing organizations, all while evolving the corporate culture,” said Renjun Wen. “Mike spent six years at Halliburton’s Sierra Geophysics where he led a major expansion that included opening offices in international locations capable of providing localized service and support for their large and growing customer base. It is this type of experience that we are welcoming to lead Geomodeling’s growth,” continued Wen.
Most recently, Mr. Odell was Vice President and General Manager, Energy Division, with MetaCarta, Inc., where he successfully developed the product line, positioning, and infrastructure needed to support the development of MetaCarta’s energy business. Mr. Odell was instrumental in developing the operational expertise to build this sector into a revenue generating business.
Prior to joining MetaCarta, Mr. Odell was President and CEO of Elumens Corporation, where he orchestrated a successful turnaround and increased the annual revenue by more than 800% in a four-year period. Mr. Odell was successful in re-capitalizing and re-branding the company, developing new generations of products, initiating and developing the sales channel including partnering with Fortune 500 companies, and raising three rounds of venture capital.
Mr. Odell’s career included three years as Vice President, Marketing and Business Development with Encompass Inc., where he was responsible for strategic market planning, and defining, pricing, positioning, and launching products. He also spent four years as President and CEO of Uniras, where he developed strong teams and tremendous revenue growth.
“Geomodeling is an exciting opportunity for me to do what I do best,” said Mike Odell. “I’m looking forward to joining Geomodeling and its staff on a new adventure in the geoscience marketplace. Building business is no small task and to be working with a company with this much energy is exciting.”
Mr. Odell begins his position immediately. He succeeds Mr. Renjun Wen, who has taken the role of Chief Technical Architect and remains as Chairman of the Board of Directors.
About Geomodeling
Geomodeling Technology Corp. is the leading innovator in geoscience software for the oil and gas industry. Geomodeling enables petroleum companies to maximize revenue and reduce costs with software solutions for improved reservoir characterization and recovery. Founded in 1996, Geomodeling has offices and resource centers in Australia, Brazil, Canada, China, Indonesia, Malaysia, Mexico, Nigeria, Norway, Russia, Saudi Arabia, UAE, UK, USA, Venezuela, and Vietnam. Find us on the web at www.geomodeling.com