Dril-Quip Announces Appointment Of Jeffrey Bird As Vice President And Chief Financial Officer

HOUSTON, March 9, 2017

Mr. Bird, age 50, served as Executive Vice President and Chief Financial Officer of Frank's International, a provider of engineered tubular services to the oil and gas industry, from December 2014 through February 2017. Prior to joining Frank's International, Mr. Bird was the Vice President of Finance and Chief Financial Officer of Ascend Performance Materials, a provider of chemicals, fibers and plastics in Houston, Texas, since September 2010. Prior to joining Ascend, Mr. Bird served in a variety of accounting and finance roles primarily in the industrial manufacturing sector including serving as a division Chief Financial Officer at Danaher Corporation.

Blake DeBerry, Dril-Quip's President and Chief Executive Officer, remarked, "We are very pleased to have someone with Jeff's finance and accounting expertise and industry experience assume the role of Chief Financial Officer. Jeff is an ideal fit for our management team, and we believe he will be a great addition to our company."

Mr. DeBerry added, "Jerry has made significant contributions to Dril-Quip during his 25 years with the company. We are grateful for Jerry's steady leadership during his long career with Dril-Quip and his willingness to stay on in his new position to assist with the transition."

About Dril-Quip

Dril-Quip is a leading manufacturer of highly engineered drilling and production equipment for use onshore and offshore but which is particularly well suited for use in deepwater, harsh environment and severe service applications.