from8k-040609.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): April 1, 2009
______________________________
Bristow
Group Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
72-0679819
|
|
(State
or other jurisdiction of
|
(IRS
Employer
|
|
incorporation
or organization)
|
Identification
Number)
|
|
|
|
|
2000
W. Sam Houston Pkwy. S.,
|
77042
|
|
Suite
1700
|
(Zip
Code)
|
|
Houston,
Texas
|
|
|
(Address
of principal executive offices)
|
|
Registrant’s
telephone number, including area code: (713) 267-7600
Former
Name or Former Address, if Changed Since Last Report:
______________________________
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (see General Instruction A.2.
below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02 Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
Effective
April 1, 2009, William E. Chiles, the Chief Executive Officer of Bristow Group
Inc. (“Bristow”), voluntarily reduced his base salary from $750,000 per year to
$675,000 per year. As previously announced, Bristow has experienced
declines in demand for its helicopter services, primarily in the exploration and
development sector, with more limited declines in the production
sector. In response to this market environment, Bristow has taken
certain cost reduction initiatives to properly position the company to continue
meeting its customers' needs while maintaining operational safety.
Mr. Chiles elected to demonstrate leadership in these
efforts by voluntarily reducing his salary by 10%.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated:
April 6, 2009
BRISTOW
GROUP INC.
(Registrant)
By: __/S/ Randall A.
Stafford_
Randall
A. Stafford
Vice
President and General
Counsel,
Corporate Secretary