HOUSTON, May 2, 2016 /PRNewswire/ -- Diamond Offshore
Drilling, Inc. (NYSE: DO) today announced that it has appointed
Kelly Youngblood as Senior Vice
President and Chief Financial Officer, to be effective May 3, 2016. Mr. Youngblood succeeds
Gary T. Krenek, who is retiring
after 33 years of service to the Company and its predecessors.
Prior to joining the Company, Mr. Youngblood held a variety of
managerial positions with Halliburton Company, one of the world's
largest providers of products and services to the energy
industry. Most recently, he served as Vice President,
Investor Relations. Mr. Youngblood joined Halliburton in 1988
as a Staff Accountant and served in numerous financial management
positions for Halliburton and its subsidiaries, including Senior
Director, Finance - Western Hemisphere and Director, External
Reporting and Accounting Research.
"We are very pleased to have someone with Kelly's industry
knowledge, finance and accounting expertise and existing
relationships throughout the investment community assume the role
of Chief Financial Officer," remarked Marc
Edwards, President and Chief Executive Officer.
Mr. Edwards added, "Gary has made significant contributions to
Diamond Offshore over his long career, which includes 18 years as
Chief Financial Officer. As the longest serving CFO in the
offshore drilling industry, he will be missed, and we wish him well
in his retirement."
ABOUT DIAMOND OFFSHORE
Diamond Offshore is a leader in offshore drilling, providing
contract drilling services to the energy industry around the
globe. Additional information and access to the Company's SEC
filings are available at www.diamondoffshore.com. Diamond Offshore
is owned 53% by Loews Corporation (NYSE: L).
Contact:
Darren Daugherty
Director, Investor Relations
(281) 492-5370
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SOURCE Diamond Offshore Drilling, Inc.