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Gary Luquette Appointed President and CEO of Frank’s International N.V.

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 International, Inc.

“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 site, www.franksinternational.com.

Source: Frank’s International N.V.

Frank’s International N.V.
Thomas Dunavant, 713-358-7343
Manager – Finance and Investor Relations
thomas.dunavant@franksintl.com
or
Josh Grodin, 713-231-2468
Director – Communications and Public Relations
josh.grodin@franksintl.com

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