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King on Parker board

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Gary King, former chief executive officer of the Dubai Mercantile Exchange, has been elected to the board of directors of oil services company Parker Drilling. King's election brings the number of board members to nine, of whom seven are classified as independent, including King.

"We are very pleased to welcome Gary, a major figure in the energy and finance sectors of the Middle East and a veteran corporate leader with extensive experience in strategic planning," says Robert Parker, chairman and

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