PATTERSON-UTI ENERGY PTENtoday announced that its Board of Directors has appointed William Andrew
("Andy") Hendricks, Jr. as Chief Executive Officer effective October 1, 2012,
elevating him from his current position of Chief Operating Officer. He will
replace Douglas J. Wall, who is retiring as CEO on September 30, 2012.
Additionally, the Company announced that Michael W. Conlon has been appointed
to the Board of Directors.
Mark S. Siegel, Patterson-UTI's Chairman, stated, "It has been both a personal
and professional privilege to work with Doug. I would like to thank him for
not only his service to the Company, but also for his efforts to ensure a
smooth management transition. I am encouraged by the skills and talents that
Andy has brought to our management team, and I remain confident that the
Company is in good hands."
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: NewsManagement
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in