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Gary Rich has been named president and CEO of Parker Drilling (PKD), the company announced.
Rich brings international and domestic industry leadership experience to Parker, including a 25-year career with Baker Hughes Inc. where he managed several of the company’s businesses, regions, and initiatives, according to a news release. Over his career, he has held a progressive series of roles across a broad spectrum of focus areas including: global sales, strategic marketing and business development; new technology and product innovation, and commercialization strategies; operations, finance and business management; and leadership development and succession planning.
Most recently, Rich served as vice president of global sales for Baker Hughes, and prior to this role, he served as president of that company’s European operations. Previously, Rich was president of Hughes Christensen Co. (HCC), a division of Baker Hughes primarily focused on the production and distribution of drilling bits for the petroleum industry.
He assumes the president and CEO role from Robert L. Parker Jr., who will remain executive chairman of Parker Drilling.