Newpark Names New Controller

Newpark Resources, Inc. has appointed Gregg Piontek, 36, the company's new Controller and Chief Accounting Officer, effective April 2, 2007.

Paul Howes, Newpark's President and Chief Executive Officer, stated, "We are extremely pleased to welcome Gregg to our finance team as we continue to attract quality and experienced talent to Newpark. He brings us 15 years of professional finance and accounting skills, and we look forward to his contribution and leadership."

Prior to joining Newpark, Mr. Piontek was Vice President and Chief Accounting Officer of Stewart & Stevenson LLC, where, as a member of the executive team, he directed all start-up and purchase accounting functions related to the purchase of assets from Stewart & Stevenson Services, Inc. and served as lead executive financial officer for their $150 million public debt offering. Previously, from 2001 to 2006, he held the positions of Assistant Corporate Controller and Controller, Power Products Division at Stewart & Stevenson Services, Inc. Prior to that, Mr. Piontek served in various financial roles at General Electric, CNH Global N.V. and Deloitte & Touche LLP. Mr. Piontek is a Certified Public Accountant and received a Master of Business Administration from Marquette University and a Bachelor of Science degree in Accounting from Arizona State University.

Newpark Resources, Inc. is a worldwide provider of drilling fluids, environmental waste treatment solutions, and temporary worksites and access roads for oilfield and other commercial markets.


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