8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 6, 2014

HERCULES OFFSHORE, INC.

(Exact name of registrant as specified in its charter)

Delaware	0-51582	56-2542838
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

9 Greenway Plaza, Suite 2200 Houston, Texas	77046
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (713) 350-5100

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Hercules Offshore, Inc. (the “Company”) announced yesterday that on November 6, 2014, Stephen M. Butz, Executive Vice President and Chief Financial Officer of the Company, tendered his resignation effective November 21, 2014.

The Company also announced yesterday that Troy L. Carson has been promoted to Senior Vice President and Chief Financial Officer, effective November 21, 2014. Mr. Carson has served as the Company’s Senior Vice President and Chief Accounting Officer since January 2013. He joined the Company as Vice President and Corporate Controller in March 2007, was appointed to Principal Accounting Officer in July 2008, and was named Chief Accounting Officer in May 2010.

In connection with his promotion, the Compensation Committee of the Company’s Board of Directors has approved a salary increase for Mr. Carson from $312,000 to $340,000 per year, as well as an increase in his target bonus percentage from 60% to 75% of his base salary. The Compensation Committee also approved a grant of 25,000 shares of restricted stock to Mr. Carson with a grant date of November 17, 2014. These shares of restricted stock vest 1/3 per year on each of the first three anniversaries of the grant date.

Item 7.01. Regulation FD Disclosure.

On November 11, 2014, the Company issued a press release regarding the matters described in Item 5.02. A copy of the press release is being furnished as Exhibit 99.1 hereto and is incorporated by reference in this Item 7.01.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1    Press Release Announcing Management Changes, dated November 11, 2014.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HERCULES OFFSHORE, INC.
Date: November 12, 2014	By:	/s/ Beau M. Thompson
		Beau M. Thompson
		General Counsel and Secretary

Exhibit Index

Exhibit No.    Document

99.1         Press Release Announcing Management Changes, dated November 11, 2014.

EX-99.1

Exhibit 99.1

Hercules Offshore Announces Management Changes

HOUSTON, November 11, 2014 -- Hercules Offshore, Inc. (“Hercules” or the “Company”) (Nasdaq: HERO) announced today that it has promoted Troy L. Carson to Senior Vice President and Chief Financial Officer, effective November 21, 2014. Mr. Carson replaces Stephen M. Butz, who resigned as the Company's Executive Vice President and Chief Financial Officer effective November 21, 2014, to join Rowan Companies plc as Executive Vice President, Chief Financial Officer and Treasurer.

Mr. Carson is currently serving as Senior Vice President and Chief Accounting Officer. He joined the Company as Vice President and Corporate Controller in March 2007, was appointed to Principal Accounting Officer in July 2008, and was named Chief Accounting Officer in May 2010. At the same time, Craig M. Muirhead, currently serving as Vice President and Treasurer, has been appointed to Vice President of Investor Relations and Planning, while Son P. Vann, currently serving as Vice President of Investor Relations and Planning, will assume the role of Vice President Corporate Development and Treasurer.

John T. Rynd, Chief Executive Officer and President of the Company, stated, "Stephen has been with Hercules since just after its founding, and over the past 10 years has been instrumental in our expansion to one of the leading shallow water service providers worldwide. He has successfully navigated the Company’s finances through some extremely challenging conditions and leaves our Company with a solid balance sheet and ample liquidity. While we will miss his contributions at Hercules, we wish him all the best in his new role at Rowan. The Board of Directors and I are confident that Troy is well-equipped to assume the role of Chief Financial Officer. I look forward to working with Troy and our finance team to maintain the strong financial foundation that we have developed over the past several years and position our Company to capitalize on future opportunities."

Headquartered in Houston, Hercules Offshore, Inc. operates a fleet of 33 jackup rigs, including one rig under construction, and 24 liftboats. 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. For more information, please visit our website at http://www.herculesoffshore.com.

SOURCE: Hercules Offshore, Inc.

CONTACT: Craig M. Muirhead

Vice President Investor Relations and Planning

713-350-8346