On April 1, 2014, Philip A. Schlom, Principal Accounting Officer and Controller of Parker Drilling Company was appointed to the position of Vice President, Finance - Process Effectiveness of the company. Concurrent with his appointment to this position, Mr. Schlom relinquished his position as the company's Principal Accounting Officer and Controller. Also on April 1, 2014, Leslie K. Nagy was appointed as Principal Accounting Officer and Controller of the company.

Ms. Nagy served as Director of Finance and Assistant Controller of the company from December 2012 through March 2014, as Assistant Controller of the Company from May 2011 to December 2012, and as Manager of External Reporting and General Accounting of the Company from August 2010 to May 2011. Prior to joining the company in August 2010, Ms. Nagy was employed by Ernst & Young LLP from 1997 until August 2010.