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

  • 23 July 2014

    Halliburton promotes Jeff Miller to President

    Halliburton has promoted Jeff Miller to President and has appointed him to the Halliburton Board of Directors effective 1 August 2014. Mr Miller is currently the...

  • 23 July 2014

    Statoil resumes production on Njord A platform

    Statoil has resumed oil and gas production on the Njord A platform in the Norwegian Sea, after a major reinforcement of the platform structure. Production had been shut down...

  • 22 July 2014

    Petrobras’ domestic oil production tops 2 million bbl/day in June

    Petrobras’ June oil production in Brazil averaged 2 million bbl/day (bpd), a 1.7% increase from May’s production of 1.9 million bpd. In addition, the production operated...

  • 22 July 2014

    Precision, Schlumberger partner to boost industrialization of North American unconventional drilling

    Precision Drilling has entered into a strategic technology and service agreement and marketing alliance with Schlumberger. Utilizing Precision’s Tier 1 drilling rigs and...

  • 22 July 2014

    Easternwell to manage delivery of onshore servicing rig for Brunei

    Australia’s Easternwell, a subsidiary of Transfield Services, has expanded internationally through an agreement with Flux O.S. SDN BHD (Flux), a Bruneian oil and gas company...

  • Read more news