Oil States Announces Executive Officer Departure

2/23/21

HOUSTON, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) announced today that Chris Cragg, Executive Vice President, Operations will depart the Company effective March 1, 2021 to pursue other opportunities. The Company has no plans to replace Mr. Cragg. Rather, Cindy Taylor, President and CEO of the Company will assume his duties.

Mrs. Taylor stated, “On behalf of the Board of Directors and executive management, we would like to thank Chris for his service and contributions to the Company over the past twenty years and wish him well in his future endeavors. Chris was part of the leadership team that helped with the Company’s initial public offering in 2001 and has been integral to the growth and success of Oil States over the years.”

Mr. Cragg said, “It has been my privilege to work with the entire Oil States team and I would like to thank them and wish the Company all the best going forward.”

About Oil States

Oil States International, Inc. is a global provider of manufactured products and services to customers in the oil and natural gas, industrial and military sectors. The Company's manufactured products include highly engineered capital equipment and consumable products. Oil States is headquartered in Houston, Texas with manufacturing and service facilities strategically located across the globe. Oil States is publicly traded on the New York Stock Exchange under the symbol "OIS".

For more information on the Company, please visit Oil States International’s website at www.oilstatesintl.com.

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