Rowan Elects Two New Executive Officers

Rowan Companies RDC announced today that Thomas P. Burke has been appointed to serve as the Company's Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary. Matt Ralls, Rowan's President and Chief Executive Officer, commented, "We are delighted to announce these two new positions with the Company. I believe Tom's strong qualifications and leadership will help ensure Rowan's continued success, as we seek to further grow and diversify our offshore drilling business. While at LeTourneau, Tom successfully implemented many organizational and operational improvements, and was a key factor in the sale of that business to Joy Global. Likewise, Melanie provided invaluable leadership in our recent divestiture processes and will strengthen both our Human Resources and Information Technology efforts with her strong organization skills. I am confident that these two appointments will be great additions to the strong Rowan management team and look forward to Tom and Melanie's contributions to Rowan's future success."