Dril-Quip Announces Departure of Chief Financial Officer

A profile picture of Dril-Quip's former Vice President and Chief Financial Officer, Raj Kumar

HOUSTON, Oct. 01, 2021 ─ Dril-Quip, Inc. (NYSE: DRQ) (the ‘Company’ or ‘Dril-Quip’) announced today that Raj Kumar, Vice President and Chief Financial Officer, has resigned his position with Dril-Quip effective Nov. 1, 2021, to take another opportunity and will assist in a smooth transition of his duties. The Company has engaged an executive search firm to conduct a search for its next Chief Financial Officer.

Blake DeBerry, Dril-Quip's Chief Executive Officer, commented, “I appreciate Raj’s involvement in all of our recent successful transformation efforts, and on behalf of the board and executive team, I want to thank him for his service and contributions to Dril-Quip. We wish him all the best in his future endeavors. We have a strong finance team in place, and I am confident that they will continue driving our financial functions until our next Chief Financial Officer is appointed.”

About Dril-Quip

Dril-Quip is a leading manufacturer of highly engineered onshore and offshore drilling and production equipment that is particularly well suited for deepwater, harsh environments, and severe-service applications. www.dril-quip.com


Investor Relations Contact

Blake Holcomb – Director of Investor Relations and Corporate Planning
713-939-0047 x 6364
[email protected]