Dril-Quip Inc. (NYSE: DRQ) has appointed Steven L. Newman to the company’s board of directors.
Newman was president and CEO and a member of the board of directors of Transocean Ltd. from 2010 until 2015. From 1994 to 2010, he was employed by Transocean in various management and operational positions. Newman is also a director of Bumi Armada Bhd, a Malaysian-based company that provides offshore production and support vessels to the oil and gas industry worldwide. He holds a Bachelor of Science degree in petroleum engineering from the Colorado School of Mines and a Master of Business Administration degree from the Harvard University Graduate School of Business.
Dril-Quip manufactures offshore drilling and production equipment, including for deepwater, harsh-environment and severe-service applications.