Dril-Quip Announces Management Promotions
May 15 2020 - 4:30PM
Dril-Quip, Inc. (NYSE: DRQ) today announced the promotions of
Jeffrey J. Bird to President and Chief Operating Officer and Raj
Kumar to Vice President and Chief Financial Officer, effective as
of May 14, 2020. These new roles will complement the leadership of
Blake DeBerry as Chief Executive Officer.
“I am happy to announce these promotions of both
Jeff and Raj as we lead Dril-Quip through our current
transformation efforts to further streamline our operations and
position the Company for continued success,” said Dril-Quip’s Chief
Executive Officer Blake DeBerry. “Since joining the Company in
2017, Jeff has made significant contributions to the Company’s
success, including our global business transformation that we
undertook in 2018-2019 and strategy changes in our manufacturing
operations, supply chain and sales organization. Similarly, Raj has
led several successful initiatives in our Finance organization with
his finance and accounting expertise. I am confident that each of
them will succeed in their new roles. In my role as Chief Executive
Officer, I look forward to continuing to work with Jeff, Raj and
our entire management team as we guide the Company through this
challenging market for our industry.”
Mr. Bird has served as Dril-Quip’s Senior Vice
President – Production Operations and Chief Financial Officer since
February 2019, prior to which he was Vice President and Chief
Financial Officer since he joined the Company in March 2017. Mr.
Kumar has served as Dril-Quip’s Vice President – Finance and Chief
Accounting Officer since February 2019, prior to which he was Vice
President and Treasurer since he joined the Company in June
2017.
About Dril-Quip
Dril-Quip is a leading manufacturer of highly
engineered drilling and production equipment for use onshore and
offshore, which is particularly well suited for use in deep water,
harsh environments and severe service applications.
Investor Relations Contact
Blake Holcomb, Director of Investor Relations and Corporate
Planning(713) 939-7711Blake_Holcomb@dril-quip.com
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