Dril-Quip, Inc. Announces Chief Executive Officer Changes, Effective January 1, 2022
December 03, 2021 at 04:47 pm EST
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Dril-Quip, Inc. announced that on September 1, 2021, the Board of Directors of the Company approved the appointment of Jeffrey Bird as its President and Chief Executive Officer, and elected him to its Board of Directors both effective as of January 1, 2022 to succeed Blake T. DeBerry, who will step down at that time.
Dril-Quip, Inc. is a developer, manufacturer and provider of highly engineered equipment, service and technologies for use in the energy industry. The Company's segments include Subsea Products, Subsea Services and Well Construction. Its Subsea Products segment manufactures highly engineered products with a wide array of deepwater drilling equipment and technology that meets the requirements for harsh subsea environments. The Company's Subsea Services segment provides aftermarket support and technical services with field technicians that support the full installation and lifecycle management of regulatory and industry standards, as well as offering industry training programs. Its Well Construction segment provides products and services utilized in the construction of the wellbore, such as completions, casing hardware and liner hanger systems. Its Well Construction segment also includes Great North's operations. These products and services are used on both land and offshore markets.