Tesco appoints new president, chief executive officer

Tesco Corp., Houston, has named Fernando R. Assing, currently executive vice-president and chief operating officer, as the company’s next president and chief executive officer. Assing will succeed Julio M. Quintana, who will retire Jan. 1, 2015.

Assing joined Tesco in 2009 as senior vice-president, marketing and business development, was subsequently promoted to senior vice-president and chief operating officer in 2011, and assumed his current role earlier this year.

Quintana will remain on Tesco’s board through his current term. He was proposed for board membership in 2004 (OGJ Online, Sept. 14, 2004). Tesco says the transition of responsibilities to Assing is expected to be completed by mid-December.