Dr. Mario Ruscev Commences New Role as Executive Vice President, President Product Lines and Chief Technology Officer

BAAR, Switzerland, Oct. 5, 2016 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) announces that, as of September 30, 2016, Dr. Mario Ruscev has officially begun to serve as Executive Vice President, President Product Lines and Chief Technology Officer for Weatherford International plc, reporting directly to Bernard J. Duroc-Danner, Chairman of the Board, President and Chief Executive Officer.

Dr. Ruscev commented, "I look forward to leading Weatherford's operational team and strengthening the Company's integrated product line strategy. With a firm commitment to delivering the highest service quality and reliability to our clients, we will build on our technological capabilities, implementing and further advancing our industrial innovations."

About Weatherford

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 100 countries and has a network of approximately 1,000 locations, including manufacturing, service, research and development, and training facilities and employs approximately 32,000 people. For more information, visit www.weatherford.com and connect with Weatherford on Facebook, LinkedIn, Twitter and YouTube.

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