May 11, 2010 (FinancialWire) — Hercules Offshore, Inc. (NASDAQ: HERO) said that it has appointed Stephen M. Butz, currently serving as VP, finance and treasurer, as senior vice president, chief financial officer and treasurer.

Butz replaces Lisa W. Rodriguez, who resigned as the company's SVP and CFO and will remain with the company in the position of VP, human resources. Rodriguez initially joined the company as CFO in an interim role in January 2007, and was permanently appointed as CFO in March 2007. She served as CFO during the company's acquisition of TODCO in the same year and during a number of strategic transactions and has had responsibility for oversight of human resources since 2008.

Butz initially joined Hercules in February 2005 and served as the director of corporate development at the time of the company's initial public offering. He was appointed VP, finance and treasurer in October 2006.

Prior to joining Hercules, Butz served as a consultant to Noble Corp., an international offshore drilling contractor.

Texas-based Hercules Offshore operates a fleet of 30 jackup rigs, 17 barge rigs, 65 liftboats, three submersible rigs, one platform rig and a fleet of marine support vessels. The company offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance, and decommissioning operations in several key shallow water provinces around the world.

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