Former Frank’s International boss steps down from board chairman role

Former Frank’s International CEO Donald Keith Mosing this week stepped down from his position as executive chairman of the company, capping a career that spanned decades at the Houston oil field services firm.

Frank's International CEO Donald Mosing.
Frank’s International CEO Donald Mosing.

Mosing will move into a new role as a board director, and his day-to-day activities as an employee of Frank’s will cease, a company release said.

Mosing led Frank’s International from 1981 until early last year, when he moved into the chairman role and was replaced by Gary Luquette. The company began as a subsidiary of Frank’s Casing Crew & Rental, which Mosing’s grandfather founded in 1938 as a one-man oil field services shop in Lafayette, Louisiana. Frank’s Casing later merged with the internaional side of the company, with Mosing taking over as CEO of the entire business.

In 2013, Frank’s relinquished some of the Mosing family control of the company after going public in an offering that netted $712 million.

The company said in the release that Mosing’s resignation was part of a transition plan. Current board director Michael Kearney has taken over as chairman of the board.