Key Energy Services, Inc. announced that President and Chief Executive Officer Rob Saltiel has resigned from the Company including his position on the Key Board of Directors effective December 30, 2019 to pursue other opportunities. On December 30, 2019, the Company announced that the Board appointed J. Marshall Dodson, the Company's current Senior Vice President, Chief Financial Officer and Treasurer, as Interim Chief Executive Officer of the Company, effective as of December 30, 2019. Mr. Dodson is expected to serve as the Interim Chief Executive Officer until the Company completes its search process for a successor Chief Executive Officer.

Mr. Dodson will continue to fulfill his responsibilities as Senior Vice President, Chief Financial Officer and Treasurer during the interim period. Mr. Dodson, age 48, has served as the Company's Senior Vice President, Chief Financial Officer and Treasurer since 2013. Mr. Dodson served as Senior Vice President, Chief Financial Officer and Interim Chief Executive Officer from May 11, 2018 through August 20, 2018.