HOUSTON -- Rowan Companies has named W. Matt Ralls as president, CEO, and member of the board of directors, succeeding D.F. McNease, who announced his retirement in October. Ralls most recently served as executive VP and COO of GlobalSantaFe Corp.
"I am honored to be a part of Rowan and look forward to working with its outstanding leadership team and board of directors," says Ralls. "Rowan is a leader in providing quality jackup rigs capable of completing the deepest drilling in the toughest environments, with a long tradition of growing and adapting to serve the needs of the industry. The next few years should be exciting, challenging times as we focus on the company's continued growth and global expansion."
The company has also appointed Jack Lentz as chairman of the board, effective Jan. 1, 2009.