Pacific Drilling S.A. announced that Christian J. Beckett, the company's Chief Executive Officer, has stepped down from his positions as CEO and as a member of the Board effective to pursue other opportunities. The company also announced that Paul T. Reese, the company's current Executive Vice President and Chief Financial Officer, has been promoted to serve as Chief Executive Officer, that Johannes (John) P. Boots, the company's current Senior Vice President -- Finance and Treasurer, has been promoted to serve as Senior Vice President and Chief Financial Officer, and that Richard E. Tatum, the company's current Vice President and Controller, has been promoted to serve as Senior Vice President and Chief Accounting Officer. Mr. Beckett has agreed to make himself available to assist during the transition.
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