President and Chief Executive Officer
Mr. Stephens is the president and chief executive officer of Frank’s International, a position he has held since November 2016.
Mr. Stephens was previously with Baker Hughes, Inc. where he was president of the global pressure pumping division and responsible for its worldwide tubular running and pressure pumping business. Prior to Baker Hughes, Mr. Stephens held various positions of increasing responsibility for over 20 years with Schlumberger Limited, including assignments in the United States, Oman, Italy, Egypt and the United Kingdom.
Mr. Stephens has over 25 years of international and domestic oil field service experience in a wide variety of environments. He started his career as a field engineer in Italy with Schlumberger and spent the first several years working in operational and front line management roles in continental Europe, the North Sea, North Africa and the Middle East. Mr. Stephens led the Europe, Africa and CIS region before moving back to North America where he assumed a wide variety of responsibilities. Over the span of his career he has been involved in almost all aspects of the oil field service industry, including sales and marketing, product development, human resource management and executive leadership positions. Mr. Stephens has been a leader in a wide variety of services and technologies including managing a global TRS business, and has lived in 10 different countries.
Mr. Stephens earned a degree in Applied Science in Mechanical Engineering from the University of British Columbia in Vancouver BC and is a member of the SPE, AADE and SEG. He and his family reside in Houston, Texas.
Updated: November 2016
Senior Vice President of Finance, Treasurer and Interim Chief Financial Officer
Mr. McClure is the interim Chief Financial Officer for Frank’s International, a position he has held since March 2017. He also serves as the Company’s Senior Vice President of Finance and Treasurer, with responsibility for global treasury, insurance, investor relations and financial planning and analysis. In August 2016, he assumed additional responsibilities for finance leadership of the Western Hemisphere business. Prior to joining the Company, Mr. McClure served as Treasurer for Ascend Performance Materials, a specialty chemicals company, from January 2013 to March 2015, where he was responsible for capital funding, cash and liquidity management, insurance, credit and treasury operations and controls. Mr. McClure’s previous experience also includes serving as Director of Treasury and Investor Relations for Cooper Industries, an electrical products manufacturer, from December 2008 until its acquisition by Eaton Corp in December 2012. He also served in multiple financial roles of increasing leadership at Dell over a ten-year period, including treasury, corporate planning, operations, and sales finance support. In addition, he worked in public accounting for Arthur Andersen. Mr. McClure holds a Bachelor of Arts degree in Economics from The University of Texas at Austin and a Master of Business Administration from Baylor University.
Updated: March 2017
ALEJANDRO (ALEX) CESTERO
Senior Vice President, General Counsel, Secretary and Chief Compliance Officer
Mr. Cestero has held the position of senior vice president, general counsel, secretary and chief compliance officer since August 2015.
Prior to joining Frank’s International, Mr. Cestero was vice president, co-general counsel and corporate secretary of Weatherford International. Mr. Cestero’s previous roles also include vice president, general counsel, secretary, and chief compliance officer of Lufkin Industries, Inc.; vice president, general counsel, secretary and chief compliance officer of Seahawk Drilling, Inc.; and deputy general counsel of Pride International, Inc.
Mr. Cestero is the president and a board member of The General Counsel Forum – Houston Chapter, and chair of the membership committee for the state-wide organization; a member of the executive committee of the Institute for Energy Law; a member of the International, American, Texas (including past Chairman of the International Law section) and Houston Bar Associations, and the Association of Corporate Counsel – America; and a board member of the Texas Lyceum.
Mr. Cestero earned his Bachelor of Arts and Master of Business Administration degrees from Rice University and his Juris Doctorate from Stanford Law School.
Updated: June 2016
BURNEY J. LATIOLAIS, JR.
Executive Vice President, Global Operations
Burney J. Latiolais, Jr., is the Company’s executive vice president of global operations, a position he has held since October 2016. In addition, Mr. Latiolais currently serves as the chairman of Frank’s International, LLC’s I.P. advisory committee, which he founded in 2013.
Since joining Frank’s in 1992, Mr. Latiolais has held the positions of senior vice president of global business development and sales, vice president of sales and services, and global vice president of drilling tools and specialty products. Prior to joining Frank’s, Mr. Latiolais was the chief executive officer of Louisiana Tubing Testers and Centralizers, Inc.
Mr. Latiolais is a member of the Society of Petroleum Engineers (SPE), the International Association of Drilling Contractors (IADC) and the American Association of Drilling Engineers (AADE).
Updated: October 2016