HOUSTON--(BUSINESS WIRE)--Jan. 23, 2015--
Frank’s International N.V. (NYSE: FI) (the “Company”) today announced
that Gary Luquette has been appointed President and Chief Executive
Officer, succeeding D. Keith Mosing. Mr. Luquette will continue to serve
on the Company’s Board of Supervisory Directors (the “Board”).
D. Keith Mosing will remain actively involved in the strategic direction
of the Company and will serve as Executive Chairman.
“It has been an honor to lead Frank’s International. I am very proud of
the people and successes this Company has had under my leadership. I am
confident in Gary Luquette’s abilities and believe he will lead the
Company to capture new growth opportunities and continue to be a leader
in our markets,” said D. Keith Mosing.
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 after
graduating with a Bachelor of Science degree in civil engineering from
the University of Louisiana at Lafayette in 1978. He is a former member
of the American Petroleum Institute and chair of the organization’s
Upstream Committee, as well as a former member of the Greater Houston
Partnership’s Executive Committee. Additionally, Mr. Luquette serves on
the board of directors for the United Way of Greater Houston, and is a
member and Chairman of the board of directors of McDermott
“I thank Keith Mosing for almost five decades of dedicated service to
Frank’s, and will look to honor the legacy of the Mosing family as we
build upon the foundation of this Company. I am excited about the
opportunities to drive growth within the business and create value for
our shareholders,” said Gary Luquette.
At a special meeting of its shareholders on January 23, 2015, the
Company’s shareholders elected 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, at which time he will stand for
reelection. Mr. Berry was also appointed as a member of the Audit
Committee and the Compensation Committee.
William 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 ConocoPhillips
and 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 N.V.
Frank’s International N.V.
Thomas Dunavant, 713-358-7343
– Finance and Investor Relations
Director – Communications and Public Relations