Rowan Companies plc says that J. Kevin Bartol, Executive Vice President, Chief Financial Officer & Treasurer, has decided to leave the Company to pursue other opportunities. Mr. Bartol will continue to serve until a successor is chosen and a smooth transition is completed. The Company is conducting a search and intends to name Mr. Bartol's successor in short order.
"We greatly appreciate Kevin's dedication and many contributions to Rowan's success over the past seven years," said Thomas Burke, Rowan's President and Chief Executive Officer. "Kevin has been instrumental in shaping the Company's asset and capital markets strategy, from spearheading the sale of the Manufacturing and Land Drilling divisions and acquiring Skeie Drilling to positioning the Company for the future with our solid balance sheet, strong financial condition and investment grade ratings. We wish him well in his future endeavors."