Parker Drilling Co. (NYSE: PKD) has elected Peter T. Fontana to the company's board of directors. With the addition of Fontana, the board's total membership is now 10. He will also serve on the board's audit committee.
Fontana is the former COO of Weatherford International. He retired from Weatherford in 2013, having served as COO since 2010. Fontana joined Weatherford in 2005. Prior to joining Weatherford, he held leadership positions with Baker Hughes, Forasol/Foramer, and The Western Company of North America.
Fontana holds a Master of Business Administration degree from Southern Methodist University and is the inventor and co-inventor on several US patents. He has authored numerous technical papers focused on improved drilling operations.