22.05.2008 21:58:00
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ENSCO International Announces Additions to its Board and Regular Cash Dividend
ENSCO International Incorporated (NYSE: ESV) announced that its
stockholders elected three new directors to its Board replacing two
retiring directors and filling a vacancy on the Board. The three new
directors are:
J. Roderick Clark - Former President and Chief Operating Officer of
Baker Hughes Incorporated (Retired)
Mr. Clark served as President and Chief Operating Officer of Baker
Hughes Incorporated from February 2004 through January 2008. Before
becoming President and COO, he served as Vice President, Marketing and
Technology. Mr. Clark joined Baker Hughes Incorporated in 2001 as
President of Baker Petrolite. He formerly served as President and CEO of
Consolidated Equipment Companies Inc. He also formerly served as
President of Sperry-Sun, a Halliburton company. Mr. Clark has held
financial, operational and leadership positions with FMC Corporation,
Schlumberger and Grace Energy Corporation. Mr. Clark serves as a member
of the Board of Directors and Audit Committee of Teekay Corporation. He
holds Bachelor of Science and Masters of Business Administration Degrees
from the University of Texas. He lives in Fort Worth, Texas.
Keith O. Rattie - Chairman, President and Chief Executive Officer of
Questar Corporation
Mr. Rattie serves as Chairman, President and Chief Executive Officer of
Questar Corporation. He was named President of Questar in February 2001,
Chief Executive Officer in May 2002 and Chairman in May 2003. Mr. Rattie
previously served as Vice President and Senior Vice President of Coastal
Corporation. Mr. Rattie also spent 19 years with Chevron Corporation in
various engineering and management positions, including General Manager
of Chevron's international gas unit. Mr. Rattie serves as a Director of
Zions First National Bank, a subsidiary of Zions Bancorporation, and is
a past Chairman of the Board of the Interstate Natural Gas Association
of America. He holds an undergraduate Degree in Electrical Engineering
from the University of Washington and a Masters of Business
Administration Degree from St. Mary's College. He lives in Park City,
Utah.
C. Christopher Gaut - President, Halliburton Drilling and Evaluation
Division
Mr. Gaut was named President of Halliburton’s
Drilling and Evaluation Division in January 2008. Prior to assuming that
position, he served as Executive Vice President and Chief Financial
Officer of Halliburton Company. Prior to joining Halliburton in March
2003, Mr. Gaut shared the role of Chief Operating Officer of ENSCO
International Incorporated and also served our Company as Senior Vice
President and as Chief Financial Officer, a position he assumed in 1988.
Prior to joining ENSCO, Mr. Gaut was a partner at Pacific Asset Capital
and held various financial management positions with Amoco Corporation.
He is on the Board of Directors of Forum Oilfield Technologies, Inc.,
the National Ocean Industries Association and the Houston Museum of
Natural Science. Mr. Gaut holds a Bachelor Degree in Engineering from
Dartmouth College and a Masters of Business Administration Degree from
the Wharton School of Business at the University of Pennsylvania. He
lives in Houston, Texas.
Messrs. Clark and Rattie join Dan Rabun, ENSCO’s
Chairman, President and Chief Executive Officer as Class II Directors
whose terms expire in 2011. Mr. Gaut was elected to the remaining one
year term of office as a Class I Director.
Dan Rabun commented: "We are pleased that
Messrs. Clark, Rattie and Gaut have joined our Board and look forward to
their contribution as we continue to build our company. We would also
like to recognize the two directors who retired from our Board this
year. Mort Myerson and Joel Staff contributed immeasurably to the
development of ENSCO and we are indebted to them for their years of
service and thoughtful guidance.”
The Company also announced that its Board of Directors declared a
regular quarterly cash dividend of $0.025 per share of ENSCO common
stock. The cash dividend will be paid on June 20, 2008, to stockholders
of record on June 9, 2008.
ENSCO, headquartered in Dallas, Texas, owns and operates a modern fleet
of offshore drilling rigs servicing the petroleum industry on a global
basis.
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