GlobeNewswire Inc | Oct 1, 2021 05:30PM EDT

October 01, 2021

HOUSTON, Oct. 01, 2021 (GLOBE NEWSWIRE) -- 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 November 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'sChief Executive Officer, commented, I appreciate Rajs 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 use in deep water, harsh environments, and severe service applications. www.dril-quip.com

https://www.linkedin.com/company/dril-quip

Investor Relations Contact

Blake Holcomb Director of Investor Relations and Corporate Planning(713)939-0047 x 6364Blake_Holcomb@dril-quip.com