HOUSTON, Aug. 17, 2015 (GLOBE NEWSWIRE) -- Frank's International N.V. (NYSE:FI) (the "Company") today announced that Alex Cestero has been appointed the Company's Senior Vice President, General Counsel, and Secretary.
Mr. Cestero most recently served as Vice President, Co-General Counsel, and Corporate Secretary at Weatherford International plc. He comes to Frank's having spent his entire career serving in the oil and gas industry in both public company and private law firm settings. After earning his B.A. from Rice University and J.D. from Stanford University School of Law, Mr. Cestero worked at the international law firms of Vinson and Elkins LLP, as well as Bracewell & Giuliani LLP, before spending several years in the legal department of international drilling contractor Pride International, Inc. (now part of Ensco plc) in areas of increasing responsibility, including as Deputy General Counsel, during which time he also earned his M.B.A. degree from Rice University.
Prior to joining Weatherford in 2013, Alex was Senior Vice President, General Counsel, Secretary, and Chief Compliance Officer of Pride International's spinoff, Seahawk Drilling, Inc., and was later recruited to Lufkin Industries, Inc. as Vice President, General Counsel, Secretary, and Chief Compliance Officer. Serving as Lufkin's youngest executive officer in the company's 111-year history, Alex developed the global legal function, helped lead five international acquisitions, and later helped lead the negotiations for what would become the eventual acquisition of the company by GE Oil & Gas. He will report directly to Gary Luquette, Frank's International's President and Chief Executive Officer.
"I am very excited to announce that Alex Cestero will be joining Frank's executive team," said Gary Luquette. "Alex's domestic and international expertise in multinational contract and transactional law will be a tremendous asset to Frank's as we continue to grow as a public company. I am confident that his leadership and guidance will be of great value to our customers, our employees, and our shareholders."
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 website, www.franksinternational.com.
CONTACT: Thomas Dunavant, Director - Investor Relations
Josh Grodin, Director - Communications and External Affairs
Frank's International N.V.