Parker Drilling Company (NYSE: PKD) has appointed Michael (Mike) W. Sumruld as senior vice president and CFO, effective October 1, 2017. With Mr. Sumruld's appointment, Jon-Al Duplantier, Parker Drilling's senior vice president, chief administrative officer and general counsel will relinquish his additional responsibilities as interim CFO.
Sumruld most recently held the position of vice president and chief accounting officer from January through September 2017 at LyondellBasell Industries NV. Prior to LyondellBasell, Sumruld worked at Baker Hughes Inc. During his 18 year tenure, he held a range of financial roles, including most recently vice president and treasurer; vice president finance – Eastern Hemisphere; and director – investor relations. Sumruld is a certified public accountant and holds a bachelor's degree in accounting from the University of Houston and an MBA from Texas A&M University.
Parker Drilling provides drilling services and rental tools to the energy industry.