Rowan Announces Recent Management Additions and Promotions

HOUSTON, April 19, 2016 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced recent organizational management changes in finance, marketing and investor relations.

Dennis Baldwin was appointed Chief Accounting Officer, effective April 4, 2016. Mr. Baldwin has over 30 years of industry experience, and most recently served at Cameron International Corporation as Vice President, Controller and Chief Accounting Officer beginning in March 2014 until March 2016 when Cameron was acquired by Schlumberger Limited. Prior to joining Cameron, he was Senior Vice President and Chief Accounting Officer of KBR, Inc. from August 2010 to March 2014, and Vice President and Chief Accounting Officer of McDermott International from October 2007 to August 2010.

Christophe Raimbault was appointed Vice President, Sales & Marketing as of April 4, 2016. Mr. Raimbault joins Rowan as Vice President, Sales & Marketing with more than 25 years of industry experience. Prior to joining Rowan, Mr. Raimbault served as Director of Business Development and Account Management for Transocean and previously he served in several key marketing and operations positions for Transocean, GlobalSantaFe and Global Marine since 1997.

Chris Pitre was promoted to Vice President, Investor Relations and Corporate Development in March 2016. Mr. Pitre joined Rowan in 2012 as Director, Global Technical Marketing, and last year assumed responsibilities for leading our corporate development and investor relations efforts. Prior to joining the Company, he served in several key marketing, new construction, and operations positions at Transocean, GlobalSantaFe and Global Marine beginning in 1998.

Darin Gibbins was promoted to Treasurer in March 2016 and continues as Director, Financial Planning. Mr. Gibbins joined Rowan in 2006 as an Internal Auditor, and has led our internal financial reporting and planning efforts for the past three years. 

Tom Burke, President and Chief Executive Officer, commented, "I am pleased with the recent additions to and promotions within our management team. The deep industry experience and expertise of each of these individuals will be instrumental as we navigate current industry conditions."

Rowan is a global provider of contract drilling services with a fleet of 31 mobile offshore drilling units, composed of 27 self-elevating jack-up rigs and four ultra-deepwater drillships. The Company's fleet operates worldwide, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East and Trinidad. The Company's Class A Ordinary Shares are traded on the New York Stock Exchange under the symbol "RDC." For more information on the Company, please visit www.rowan.com.

SOURCE Rowan Companies plc

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