HOUSTON--(BUSINESS WIRE)--Dec. 22, 2014--
Frank’s International N.V. (NYSE: FI) (the “Company”) announced today
that its Board of Supervisory Directors (“the Board”) intends to appoint
Gary Luquette, currently a member of the Board, to succeed D. Keith
Mosing as President and Chief Executive Officer after a special
shareholder meeting that has been scheduled for January 23, 2015. Mr.
Luquette will continue to serve on the Board.
D. Keith Mosing will remain actively involved on a day-to-day basis with
the Company and will serve as Executive Chairman of the Board.
Gary Luquette joined the Company’s Board in November 2013. He previously
served as President of Chevron North America Exploration and Production
Company, a position he held from April 2006 until his retirement in
September 2013. Mr. Luquette began his career with Chevron in 1978. Mr.
Luquette graduated with a Bachelor of Science degree in civil
engineering from the University of Louisiana at Lafayette in 1978 and is
a former member of the American Petroleum Institute and former chair of
the organization’s Upstream Committee and former member of the Greater
Houston Partnership’s Executive Committee. Additionally, Mr. Luquette
currently serves on the board of directors for the United Way of Greater
Houston. Mr. Luquette is also a member of the board of directors of
McDermott International, Inc.
At the special meeting of the Company’s shareholders on January 23,
2015, the Company’s shareholders will be asked to elect William B. Berry
to serve on the Company’s Board for a term of office expiring at the
Company’s 2015 annual meeting of shareholders.
William B. Berry served as Executive Vice President, Exploration and
Production, of ConocoPhillips Company from 2003 until his retirement on
January 1, 2008. He has over 30 years of experience with ConocoPhillipsand Phillips Petroleum Company. Mr. Berry holds a Bachelor of Science
and Master of Science degree in Petroleum Engineering from Mississippi
State University. He currently serves on the boards of directors of
Teekay Corporation and Continental Resources, Inc.
About Frank’s International
Frank’s International N.V. is a global oil services company that
provides a broad and comprehensive range of highly engineered tubular
services to leading exploration and production companies in both
offshore and onshore environments, with a focus on complex and
technically demanding wells. Founded in 1938, Frank’s has over 4,000
employees and provides services in approximately 60 countries on six
continents. The Company’s common stock is traded on the NYSE under the
symbol “FI.” Additional information is available on the Company’s web
Source: Frank’s International
Thomas Dunavant, 713-358-7343
Finance and Investor Relations
Director – Communications and Public Relations