Parker Drilling has selected Gary Rich as president and CEO, effective October 1, 2012. Rich will also serve as a member of Parker Drilling's board of directors.
Rich brings a wealth of 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.
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 Company (HCC), a division of Baker Hughes primarily focused on the production and distribution of drilling bits for the petroleum industry.
Rich assumes the president and CEO role from Robert L. Parker Jr., who will remain executive chairman of Parker Drilling.
Rich holds a BS in Accounting from Brigham Young University and an MS in Science and Technology Commercialization from the University of Texas. He holds a certification in management from the University of Utah and attended the California Institute of Technology's Strategic Marketing of Technology Products program.