CATEGORIZED | News

Rowan announces Thomas Burke as president

Posted on 12 March 2013

Thomas P. Burke, IADC vice president – Offshore Division, has been promoted to president and will also remain as the COO.

Thomas P. Burke

Rowan Companies recently announced that Dr Thomas P. Burke has been promoted to president. He will also retain his current position of chief operating officer. Matt Ralls, who served as 2011 chairman of IADC and continues to serve on the association’s Executive Committee, will continue in his role as CEO until his retirement in mid-2014. It is anticipated that Dr Burke will then succeed Mr Ralls, who will assume the role of executive chairman for Rowan.

“I am pleased to announce this promotion for Tom. He has contributed significantly to the success  of Rowan, first in his role of president and CEO of our manufacturing subsidiary, LeTourneau Technologies, prior to its sale, and more recently in his duties as chief operating officer of Rowan since July 2011.  I am confident that Tom’s leadership will ensure continued success in delivering our business objectives,” Mr Ralls said.

Dr Burke, who currently serves as VP of IADC’s Offshore Division, joined Rowan in December 2009. Prior to that, he was employed by Complete Production Services, an oilfield services company, as a division president from 2006 to 2009, and as vice president of corporate development from 2004 to 2006. Before joining Complete, Dr Burke held various positions at Schlumberger and McKinsey & Company.  He holds a PhD in engineering science from Trinity College, Oxford, and an MBA with High Distinction from Harvard Business School.

“The Board unanimously supports Tom’s promotion and the succession plan that Matt has initiated. When Matt became CEO in January 2009, we agreed that an orderly succession plan should be in place in about five years. These steps will accomplish this objective and secure Matt Ralls’ continued commitment to the company’s strategic direction,” Jack Lentz, chairman of Rowan, said.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 16 April 2014

    Maersk Drilling takes delivery of ultra-deepwater drillship

    Maersk Drilling has taken the delivery of its second drillship, Maersk Valiant from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage toward the...

  • 16 April 2014

    Ensco orders new jackups from Lamprell

    Ensco has ordered two high-specification jackups, ENSCO 140 and ENSCO 141, for delivery in mid-2016 from Lamprell’s shipyard in the United Arab Emirates. The rigs will also...

  • 16 April 2014

    MPD/UBD successfully drills sidetrack after 6 failed conventional drilling attempts

    In the Brookeland Field in East Texas, conventional drilling methods failed in six attempts to drill a “straightforward” horizontal wellbore. The original well had surface casing installed...

  • 16 April 2014

    Chevron’s DGD training program serves array of learners across generations

    Since 2008, more than 400 people – from operators, drilling contractors, service companies and regulators – have completed Chevron’s dual-gradient drilling (DGD) training...

  • 16 April 2014

    Pacific Drilling integrates ‘disruptive’ DGD technology into 7th-generation drillship

    A disruptive technology is one that “gets its start away from the mainstream of a market and, then, as its functionality improves over time, invades the main market,” as defined by Harvard...

  • Read more news