Edition:
United States

Parker Drilling Co (PKD.N)

PKD.N on New York Stock Exchange

2.09USD
4:02pm EDT
Change (% chg)

$0.06 (+2.96%)
Prev Close
$2.03
Open
$2.02
Day's High
$2.10
Day's Low
$2.02
Volume
49,640
Avg. Vol
165,107
52-wk High
$3.63
52-wk Low
$0.98

Summary

Name Age Since Current Position

Gary Rich

57 2014 Chairman of the Board, President, Chief Executive Officer

Christopher Weber

43 2013 Chief Financial Officer, Senior Vice President

Philip Agnew

47 2013 Senior Vice President, Chief Technology Officer

Jon-Al Duplantier

48 2013 Senior Vice President, Chief Administrative Officer, General Counsel, Secretary

David Farmer

54 2014 Senior Vice President, Europe, Middle East, and Asia (EMEA)

Peter Fontana

67 2015 Director

Jonathan Clarkson

66 2012 Independent Director

George Donnelly

76 2005 Independent Director

Robert Goldman

73 2005 Independent Director

Gary King

56 2008 Independent Director

Richard Paterson

64 2012 Independent Director

Roger Plank

59 2004 Independent Director

R. Rudolph Reinfrank

59 1993 Independent Director

Zaki Selim

58 2015 Independent Director

Greg Rosenstein

2015 Director - Investor Relations

Biographies

Name Description

Gary Rich

Mr. Gary G. Rich is Chairman of the Board, President, Chief Executive Officer of Parker Drilling Co., since 2014. He is an industry veteran with over 30 years of global technical, commercial and operations experience. Mr. Rich came to Parker Drilling after a 25-year career with Baker Hughes Incorporated. Mr. Rich served as vice president of global sales for Baker Hughes from August 2011 to October 2012, and prior to that role, he served as president of that company’s European operations from April 2009 to August 2011. Previously, Mr. Rich was president of Hughes Christensen Company (HCC), a division of Baker Hughes primarily focused on the production and distribution of drilling bits for the petroleum industry.

Christopher Weber

Mr. Christopher T. Weber has been appointed as Chief Financial Officer, Senior Vice President of Parker Drilling Company effective May 20, 2013. Mr. Weber most recently served as vice president and treasurer of Ensco plc. In this role, Mr. Weber led Ensco's global treasury and risk management activities and was responsible for the company's capital structure, debt portfolio, liquidity, banking and rating agency relations, as well its global insurance and enterprise risk management programs. Mr. Weber also served as co-leader for the global financial and operational integration of Ensco's $7 billion acquisition of Pride International in 2011. Mr. Weber's career includes a progressive series of finance and strategic planning positions both domestically and overseas, including five years of experience with The Boston Consulting Group where he worked in both Houston, Texas and London, England. In 2006, Mr. Weber joined Pride International, Inc. as director of corporate planning and development, and subsequently moved to roles with increasing responsibility, including vice president of operations support, until becoming vice president and treasurer in 2011. Mr. Weber holds an M.B.A. in Finance and Strategic Management from The Wharton School at the University of Pennsylvania and an undergraduate degree in Economics and English Literature from Vanderbilt University where he graduated Magna Cum Laude.

Philip Agnew

Mr. Philip Agnew is senior vice president and chief technical officer since 2013. He joined the Company in December 2010 as vice president of technical services. Mr. Agnew has more than 20 years' experience in design, construction and project management. From 2003 to 2010, Mr. Agnew held the position of President at Aker MH, Inc., a business unit of Aker Solutions AS. From 1998 to 2003, Mr. Agnew served as Project Manager and then vice president – Project Development at Signal International (previously Friede Goldman Offshore; TDI-Halter LP; Texas Drydock, Inc.). Prior to his career at Signal International, Mr. Agnew served a variety of leadership roles at Schlumberger Sedco Forex International Resources, Interface Consulting International, Inc., and Brown & Root, Inc.

Jon-Al Duplantier

Mr. Jon-Al Duplantier is the senior vice president, chief administrative officer, general counsel, and secretary of the Parker Drilling co, a position held since 2013. Mr. Duplantier has over 20 years' experience in the oil and gas industry. Mr. Duplantier joined the Company in 2009 as vice president and general counsel. From 1995 to 2009, Mr. Duplantier served in several legal and business roles at ConocoPhillips, including senior counsel – Exploration and Production, vice president and general counsel – Conoco Phillips Indonesia, and vice president and general counsel – Dubai Petroleum Company. Prior to joining ConocoPhillips, he served as a patent attorney for DuPont from 1992 to 1995.

David Farmer

Mr. David Farmer was appointed the Senior Vice President, Europe, Middle East, and Asia (EMEA) in early 2014 of the company. He joined the Company in 2011 as vice president of operations. Mr. Farmer has over 20 years' experience in the upstream oilfield services business working in executive, engineering, operational, marketing, account management, planning, and general management roles in Europe, the Middle East, North America and South America. From 1991 to 2011, Mr. Farmer served in various positions at Schlumberger, including vice president and global account director – Schlumberger Ltd. The Netherlands, vice president and general manager – Schlumberger Oilfield Service Qatar, and global marketing manager – Schlumberger Drilling & Measurement Division, Houston, Texas. Most recently, Mr. Farmer was responsible for Demand Planning management and the development of long term tactical resource plans for Schlumberger’s Drilling & Measurement division.

Peter Fontana

Mr. Peter T. Fontana is Director of Parker Drilling Company. Mr. Fontana is the former chief operating officer of Weatherford International , a global provider of equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells. He retired from Weatherford in 2013, having served as chief operating officer since 2010. Mr. Fontana joined Weatherford in January 2005 . Prior to joining Weatherford , Mr. Fontana held leadership positions with Baker Hughes, Forasol/Foramer and The Western Company of North America . Mr. Fontana holds a master's of business administration from Southern Methodist University and is the inventor and co-inventor on several U.S. patents. He has authored numerous technical papers focused on improved drilling operations.

Jonathan Clarkson

Mr. Jonathan M. Clarkson is Independent Director of Parker Drilling Co. Since May 2012, Mr. Clarkson has been a consultant to and Chief Financial Officer for Matrix Oil Corporation, a privately held company active in oil and gas exploration and production since May 2012. Mr. Clarkson retired in December 2011 from the Houston Region of Texas Capital Bank, a subsidiary of Texas Capital Bancshares, Inc., where he served as President, Chief Executive Officer and Chairman from 2003 until 2011. From 1999 to 2002, he served as President and Chief Financial Officer for Bargo Energy Company and its successor company Mission Resources Corporation. From 1987 to 1999, Mr. Clarkson served as Executive Vice President and Chief Financial Officer for Ocean Energy Corporation and its predecessor company, United Meridian Corporation. Prior to 1987, Mr. Clarkson held several senior management positions at InterFirst Corporation and its subsidiary First National Bank in Dallas, Texas. Mr. Clarkson currently serves on the board of Memorial Production Partners GP LLC, the general partner of Memorial Production Partners LP, a domestic energy firm focused on the acquisition and exploitation of domestic oil and gas properties. From 2006 to 2009, Mr. Clarkson served on the board of Edge Petroleum Corporation where he was Chairman of the Audit Committee and a member of the Compensation Committee. Since 2010, Mr. Clarkson has served on the advisory board of Rivington Capital Advisors, LLC, an investment banking firm specializing in private capital and mergers and acquisition transactions for the small- and mid-cap energy sectors. He meets the requirements of a Sarbanes-Oxley audit committee financial expert pursuant to Item 407(d)(5)(ii) of Regulation S-K. As a former chief financial executive of public companies, the Board believes Mr. Clarkson brings significant financial expertise, including an understanding of financial risk management, and experience in preparation and review of financial statements and disclosure documents.

George Donnelly

Mr. George J. Donnelly is Independent Director of Parker Drilling Co. He is a Managing Partner of Lilo Ventures, a venture capital firm, having held this position since 2001. He also serves on the board of directors and as chairman of Global Suppliers, a minority-owned private company that provides equipment to the petroleum and chemical industry. He served as President and Chief Executive Officer of the Houston Hispanic Chamber of Commerce during 2005 and 2006 and as President of the San Jacinto Museum of History from 2000 to 2002. Between 1988 and 2000, Mr. Donnelly served as Vice President of Russell Reynolds Associates and as Vice Chairman of Spencer Stuart Associates, both executive search firms. He began his career at Texaco Inc. in 1962 and served in various roles at Texaco Inc. and Gulf Oil Company until 1998, including Vice President of the Worldwide Energy and Minerals Division, Vice President of the Latin American division and head of the Washington, D.C. office. Mr. Donnelly serves on the board of directors of Avanti Energy, Inc., Greater Houston Partnership (World Trade), the Center for Houston’s Future, United Way of Greater Houston, KIPP Charter Schools, the Health Museum of Houston, the San Jacinto Monument and Museum and the Institute of International Education.

Robert Goldman

Mr. Robert W. Goldman is Independent Director of Parker Drilling Co. He is retiring from the Board of Directors effective May 7, 2015. He retired from Conoco Inc. in 2002 after 14 years of service, most recently as Senior Vice President - Finance and Chief Financial Officer. Prior to that time, he was employed for 23 years by E. I. du Pont de Nemours & Co. in a variety of domestic and international finance and operating assignments. Since 2002, he has been self-employed as a financial consultant. From 2003 through 2008, Mr. Goldman served as the elected Vice President-Finance of the World Petroleum Council. He is a member of the Financial Executives Institute and a member of the Advisory Board of Global Infrastructure Partners, a private equity fund investing in the global energy, transportation and water infrastructure sectors. He formerly served on the board of directors of El Paso Corporation and is currently on the boards of directors of The Babcock & Wilcox Company Inc. and Tesoro Corporation, as well as the Board of Trustees of Kenyon College, Gambier, Ohio. From 2005 until 2010, he also served on the board of directors of McDermott International, Inc.

Gary King

Mr. Gary Robert King is Independent Director of Parker Drilling Co. He is the Managing Partner of the Matrix Partnership, a strategic advisory firm focused on natural resources and based in Dubai, U.A.E. In 2014, he served as the Chief Executive Officer of Regalis Petroleum, a privately held African oil exploration company. From 2012 to 2014, Mr. King served in various positions with the Dutco Group, a diversified infrastructure investment and development company based in Dubai: President of Tarka Resources, Inc., Vice Chairman of Manti Resources, LP, and CEO of Dutco Natural Resources Investments Limited. In 2011, Mr. King was President of Natural Resources and Commodities at First Capital Switzerland Investment Bank in Dubai. In 2008 and 2009, Mr. King was the founding Chief Executive Officer of the investment fund Dubai Natural Resources World. From 2005 until 2009, he served as the first Chief Executive Officer of the Dubai Mercantile Exchange. From 2001 to 2005, Mr. King served as Senior Vice President in the infrastructure funds and treasury and commodities groups in Macquarie Bank Ltd./Abu Dhabi Commercial Bank and as Regional Head - Energy Group and Specialized Funds Group in Dubai at Standard Bank London Ltd. During this time he also served as a Managing Director of Matrix Commodities DMCC, based in Dubai. From 1997 to 2001, he served in senior management roles at Emirates National Oil Company, Dragon Oil PLC and TransCanada International Petroleum. From 1994 to 1997, he served as Vice President - Commodities Trading Group for Morgan Stanley (Singapore). From 1983 to 1994, he served in a variety of roles within exploration and production and oil trading and supply at Neste Oy (national oil and energy company of Finland), after beginning his career as an exploration geologist in 1980. Mr. King is a member of the National Association of Corporate Directors. He serves on the board of directors and is a member of the audit committee of Canadian listed Serinus Energy Inc., and serves on the board of directors

Richard Paterson

Mr. Richard D. Paterson is Independent Director of Parker Drilling Co. He is retired from PricewaterhouseCoopers LLP (PwC), an international network of auditors, tax and business consultants, in June 2011 after 37 years of service. At the time of his retirement, Mr. Paterson served as PwC’s global leader of PwC’s Consumer, Industrial Products and Services Practices (comprising the automotive, consumer and retail, energy utilities and mining, industrial products, pharmaceutical and health industries sectors) and also as the Managing Partner of the Houston Office and U.S. Energy Practice. These practices comprised roughly half of PwC’s global revenues. From 2001 to 2010, Mr. Paterson was PwC’s Global Leader of its Energy, Utilities and Mining Practice and also was the lead audit engagement partner responsible for the audits of ExxonMobil Corporation from 2002 to 2006. From 1997 to 2001, Mr. Paterson lived in Moscow, Russia, and led PwC’s Energy Practice for Europe, Middle East and Africa and also was the lead audit engagement partner responsible for the audits of OAO Gazprom for those years. Prior to 1997, Mr. Paterson was responsible for the audits of numerous PwC clients, principally in the Energy Sector. He began his career with PwC in Battle Creek, Michigan in 1974, served in seven PwC offices, including four years in the National Office in New York, and was admitted as a partner of PwC in 1987. Mr. Paterson is a member of the National Association of Corporate Directors. NACD has named him a Board Leadership Fellow due to his demonstrated commitment to boardroom excellence by completing NACD’s comprehensive program of study for corporate directors.

Roger Plank

Mr. Roger B. Plank is Independent Director of Parker Drilling Co. He serves as the Presiding Director of the Board. He retired as President and Chief Corporate Officer in March 2014 after a 32 year career with Apache Corporation. From 2009 to 2011 he served as President of Apache Corporation. From 2000 to 2009, he served as Executive Vice President and Chief Financial Officer, and was Vice President and Chief Financial Officer from 1997 to 2000. Prior to 1997, Mr. Plank served as Vice President of Planning and Corporate Development, Vice President of Corporate Communications and Vice President of External Affairs for Apache. Mr. Plank is co-chairman of Houston’s Alley Theatre capital campaign. The Board believes that, as a former executive of a public oil and gas exploration and production company, Mr. Plank brings tremendous oil and gas industry experience to the Company.

R. Rudolph Reinfrank

Mr. R. Rudolph Reinfrank is Independent Director of Parker Drilling Co. He has served since October 2009 as the Managing General Partner of Riverford Partners, LLC, a strategic advisory and investment firm based in Los Angeles, CA (“Riverford”). Riverford acts as an investor, board member and strategic advisor to growth companies and companies in transition. In 2000, Mr. Reinfrank co-founded and served as a Managing General Partner of Clarity Partners, L.P. until 2009. In 2006, he co-founded Clarity China, L.P. In 1997, he co-founded and serves as a Managing General Partner of Rader Reinfrank & Co. Mr. Reinfrank is a member of the board of directors of Apollo Investment Corporation. Mr. Reinfrank is also a Senior Advisor to Pall Mall Capital, Limited (London) and Transnational Capital Corporation. He meets the requirements of a Sarbanes-Oxley audit committee financial expert pursuant to Item 407(d)(5)(ii) of Regulation S-K and he is FINRA licensed for Series 7, 62 and Series 63. As a founder and managing general partner of a private equity firm, Mr. Reinfrank brings valuable investment and financing expertise to the Company. In addition, as a strategic advisor to a wide range of companies, Mr. Reinfrank’s diverse and extensive business experiences provide an important and unique perspective to our Board.

Zaki Selim

Mr. Zaki Selim is Independent Director of Parker Drilling Company. Mr. Selim, serves as a senior advisor with First Reserve, a private equity investment firm focused on global energy and infrastructure investments, a position he has held since 2013. In 2013 Mr. Selim was elected the non-executive Chairman of the board of directors of Glasspoint, Inc., a manufacturer of solar steam generators for use in the oil and gas industry. In 2012 Mr. Selim joined the board of directors of Total Safety U.S., Inc., a privately held industrial safety service provider. From 2010 to 2012 Mr. Selim served as Chief Executive Officer of PetroPro, an energy consulting business based in Dubai, United Arab Emirates. From 1983 until 2010, Mr. Selim held progressive management positions within Schlumberger Limited, retiring as the Area President for Oilfield Services – Middle East/Asia. He is a member of the Society of Petroleum Engineers (SPE), holds a bachelor’s degree in mechanical engineering from Cairo University’s Faculty of Engineering and attended the management program at Harvard Business School. As a former senior executive with a leading oilfield service provider, the Board believes Mr. Selim brings significant operational and business experience to the Company.

Greg Rosenstein