SDRL - Anton Dibowitz appointed CEO
May 24 2017 - 02:03AM
Hamilton, Bermuda, May 24, 2017 - The Board of Seadrill Limited
("Seadrill") is pleased to announce the appointment of Anton
Dibowitz as Chief Executive Officer with effect from 1st July 2017.
Anton Dibowitz will succeed Per Wullf who will remain a Director of
the company
- Anton Dibowitz, currently Chief Commercial
Officer and Executive Vice President, will be appointed Chief
Executive Officer, effective 1st July 2017
following a succession planning process that was implemented during
2016.
- Per Wullf will continue as CEO until the end of
June. Mr. Wullf will continue as a Director of the company.
John Fredriksen, Chairman of the
Board, said: "Anton has a strong industry
track record and has taken roles of increasing responsibility
during his 10 years at Seadrill, including the day to day business
administration at Seadrill since 2016. We are
confident that this succession plan provides Seadrill with the
right combination of continuity and stability as the company works
to complete its financial restructuring aimed at building a bridge
to a recovery and achieving a sustainable capital
structure.
With Per remaining as a
Director, Seadrill will continue to benefit
from his in-depth industry experience, fleet knowledge and strong
relationships. I would personally like to thank Per for his
outstanding contribution as CEO of Seadrill and look forward to
continuing to work with him for the years to come."
Anton Dibowitz, CEO designate,
said: "I am deeply honoured that the Board has
appointed me to succeed Per as Chief Executive Officer of Seadrill.
We have a world class business with high quality people, a young
and modern fleet and strong client relationships. There are short
term challenges to overcome in Seadrill and the industry but I look
forward to playing my part in returning Seadrill to growth,
together with the great team we have working here."
Per Wullf, CEO and President of
Seadrill said: "I am immensely proud of my
time at Seadrill, first as Chief Operating Officer and for the past
four years as Chief Executive Officer. After 37 years in this
fascinating industry, I want to reduce my day to day work
commitments and spend more time at home in Denmark. As Seadrill is
approaching key milestones for the company's restructuring, the
time is right to inform all stakeholders that I will not lead
Seadrill in the company's next era and hand over to Anton, who will
make an excellent CEO. I would like to thank everyone at Seadrill
for their support, passion and tenacity over the years and I look
forward to our continued journey together."
For further information, please
contact:
Iain Cracknell, Director of Communications, +44
7765 221 812
BIOGRAPHY: Anton Dibowitz
Anton Dibowitz joined Seadrill in 2007, has led
the Commercial function within Seadrill since 2010 and was
appointed Executive Vice President in June 2016 with the
responsibility for day-to-day business administration of the
company.
Mr.
Dibowitz has 20 years' experience in the drilling industry. Prior
to Seadrill, Mr Dibowitz held positions within tax, process
reengineering and marketing at Transocean and Ernst & Young
LLP. He is a certified public accountant and a graduate of the
University of Texas at Austin where he holds Masters degrees in
professional accounting (MPA) and business administration (MBA).
Mr. Dibowitz is a US citizen and resides in London, England with
his wife and two daughters.
This information is subject
of the disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Seadrill Limited via Globenewswire