Drilling Tools International adds energy banker to board

Drilling Tools International Corp. (NASDAQ: DTI) appointed Ira H. Green Jr. to its board of directors, effective immediately, according to a company statement.

Green brings more than 30 years of energy capital markets experience to the Houston-based oilfield services company. He previously served as managing director and head of energy, power and infrastructure capital markets at Piper Sandler Co., where he led equity and debt capital markets activities across the energy sector.

Earlier in his career, Green held senior investment banking positions at Simmons & Company International and Merrill Lynch, as well as roles at The First Boston Corporation and Morgan Stanley. He also served as president, chief financial officer and board member of SalvageSale Inc.

Green earned a bachelor's degree in finance from the University of Texas at Austin and an MBA from the University of Virginia Darden School of Business, where he currently serves on the board of trustees of the Darden School Foundation.

"Ira's insights into capital allocation, strategic M&A, and our overall positioning in the public markets will be invaluable to the Board's oversight of DTI's strategy and capital allocation in the years ahead," said Wayne Prejean, DTI's interim chair, president and chief executive officer.

The appointment represents part of the board's ongoing 2026 board refreshment and succession planning process that began in summer 2025. The board expects to continue its refreshment efforts ahead of the 2026 annual meeting of stockholders.

DTI manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. The company operates from 15 service centers across North America and maintains 11 international service centers in the EMEA and APAC regions.

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