Parker Drilling names Gary Rich CEO

Sept 24 Mon Sep 24, 2012 8:32am EDT

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Sept 24 (Reuters) - Contract driller Parker Drilling named Gary Rich as its chief executive, replacing Robert Parker, effective Oct. 1.

Rich joins from Baker Hughes Inc, the No. 3 oilfield service company, where he served as the vice president of global sales.

Parker will remain executive chairman of Parker Drilling, the company said in a statement.

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