Rowan appoints new CFO

Stephen M. Butz joins Rowan Companies plc as executive vice president, chief financial officer and treasurer, effective 1 December 2014.  

Butz joins the company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development, treasury and finance functions, most recently as executive vice president and chief financial officer.  Butz also has more than 10 years' experience in commercial and investment banking.

Butz will take over from Kevin Bartol, whose resignation was previously announced and is effective as of 30 November 2014.

Image of Butz, from Rowan.