Parker Drilling Company announced the election of Mr. Peter T. Fontana to the company's board of directors. He will also serve on the board's audit committee. Mr. Fontana is the former chief operating officer of Weatherford International.

He retired from Weatherford in 2013, having served as chief operating officer since 2010. Mr. Fontana joined Weatherford in January 2005. Prior to joining Weatherford, Mr. Fontana held leadership positions with Baker Hughes, Forasol/Foramer and The Western Company of North America.