Dril-Quip loses its second director in 3 months

Houston-based offshore drilling equipment supplier Dril-Quip, said this morning that one of its directors, Gary L. Stone, has died.
According to a profile of Stone on Forbes, “he has been a Class I director since June 2001 and is a member of the Audit Committee and the Nominating, Governance and Compensation Committee of the Board of Directors. From January 1997 until his retirement in May 2000, he served as a Senior Vice President/First Vice President with Bank One, Texas, N.A. Mr. Stone holds a bachelor of science degree in geological engineering from the University of Utah and an MBA degree from the University of Pittsburgh.”
He is the second director at Dril-Quip to die in recent months. In September the company announced that Gary D. Smith, its co-chairman of the Board and co-CEO, passed away.