Paratus Energy: Announces Leadership Change [Yahoo! Finance]
Seadrill Limited Common Shares (SDRL)
Last seadrill limited common shares earnings: 8/25 04:01 pm
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Source: Yahoo! Finance
Company's Board of Directors has accepted the resignation of Robert Jensen from his role as Chief Executive Officer (CEO). Mr. Jensen will also be stepping down as a member of the Board of Directors of the Company but will remain available in an advisory capacity for a period to support an orderly transition. The Board has appointed Baton Haxhimehmedi, Chief Financial Officer (CFO), as Interim Chief Executive Officer. Mr. Haxhimehmedi joined Paratus as CFO in June 2024 and has over 15 years of experience within the upstream oil and gas industry. He has held several finance leadership roles at DNO ASA and has an audit background from Ernst & Young and KPMG primarily working with international upstream oil and gas clients. Mr. Haxhimehmedi will serve as both CFO and interim CEO during a transitional period. In light of the Company's recently announced sale of Fontis's drilling operations and jack-up fleet, the Board is currently reviewing the Company's organizational and corporate s
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