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US Synthetic Names Rob Galloway as Chief Operating Officer

11.01.2008

US Synthetic Names Rob Galloway as Chief Operating Officer

Industry-leading synthetic diamond manufacturer outlines plans to appoint new CEO in 2009

Orem, UT, November 13, 2008 – US Synthetic Corporation, an operating company within the Energy platform of Dover Corporation’s Fluid Management segment and the leading provider of polycrystalline diamond cutters (PDCs) for oil and gas exploration, announced today the appointment of Rob Galloway as Chief Operating Officer of the company.

Previously, Galloway was the vice president of operations for US Synthetic. Effective immediately, Galloway will expand his leadership responsibilities into the overall management of the 600-employee, Utah-based manufacturing company. This promotion signals the eventual replacement of long-time US Synthetic president and Chief Executive Officer, Louis Pope. Outlining plans for his eventual replacement, Pope announced that Galloway will become the company’s Chief Executive Officer following Pope’s retirement in December 2009.

“I believe that the future of US Synthetic looks bright and is in very capable hands,” explained Louis Pope, president and CEO, US Synthetic. “Rob and his executive team have tremendous industry experience and understand the unique opportunities and culture that has made US Synthetic so successful over the years. Rob has been a dynamic leader in developing leadership at US Synthetic and moving the company in the direction of Lean manufacturing.”

Galloway joined US Synthetic in October 1997 as a mechanical engineer and managed the company’s product testing facilities. In 1998, Galloway was promoted to research and development engineer and customer manager. Four years later, Galloway founded and managed Sundance Diamonds, the company’s gem diamond business division. In 2004, Galloway assumed the position of production manager and eventually became the vice president of operations in 2006. Galloway holds a BS in Mechanical Engineering from the University of Utah.

“Our success as a company is squarely built on a foundation of talented, committed employees,” said Rob Galloway, COO, US Synthetic. “Our industry-leading products, state-of-the-art manufacturing facility, innovative research and development efforts are all tied to US Synthetic employees that take great pride in their work. My goal is to continue this tradition of excellence—serving our customers with the best products available on the market, delivered on time, every time.”

US Synthetic
US Synthetic, a Dover Company, is the leading provider of polycrystalline diamond cutters (PDCs) for oil and gas exploration. Thanks to constant innovation, proven quality, and superior customer service, more of the world’s energy suppliers rely on US Synthetic than any other PDC manufacturer. US Synthetic has spent more than a decade perfecting its products to drill faster and last longer—especially in tough conditions that test the limits of the most durable drilling equipment. For more information about US Synthetic, please see their web site at www.ussynthetic.com.

Press Contact
Marc Modersitzki
US Synthetic
marc@ussynthetic.com
801-369-8253

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