Key Energy Services, Inc. announced that the company's Board of Directors has appointed Rob Saltiel to serve as President and Chief Executive Officer and director effective as of August 20, 2018. Mr. Saltiel most recently served as President and Chief Executive Officer of Atwood Oceanics from 2009 until the Atwood Oceanic's sale to Ensco plc in October of 2017. Prior to that, Mr. Saltiel served in various senior management roles, including Chief Operating Officer, at Transocean.

Mr. Marshall Dodson, currently the company's Senior Vice President, Chief Financial Officer and Interim Chief Executive Officer, will continue with the company in his role as Senior Vice President and Chief Financial Officer, ensuring a seamless leadership transition.