OSLO, Norway, Aug. 10, 2020 /PRNewswire/ -- Borr Drilling
Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") is pleased to
announce the appointment of Patrick
Schorn as its new Chief Executive Officer with effect from 8
September 2020. Mr. Schorn will succeed Svend Anton Maier who will remain with the
Company as Special Advisor to the Chief Executive Officer. Mr
Schorn has been a Director of the Company since January 2018.
Paal Kibsgaard, Chairman of the
Board, commented:
"We are pleased to announce Patrick as the new Chief
Executive Officer of Borr Drilling. His extensive industry
experience and his tenure as a Director of the Company make him
ideally suited to take the Company forward in a challenging
operating environment. We also want to thank Svend Anton for his leadership and strong
contributions to the Company since its incorporation and look
forward to his continued support in the role as Special Advisor to
the Chief Executive Officer."
Patrick Schorn, CEO designate
said:
"I am very honored with the opportunity to be further
involved in Borr Drilling and look forward to working with
Svend Anton and the extended Borr
Drilling team to deliver differentiating results for our customers
and investors. Currently the oil and gas industry is going through
a challenging phase, however in this adversity also lies our
opportunity. The combination of the first class Borr Drilling
people together with the youngest jack up fleet in the industry,
serves as a unique foundation to solidify our position as industry
leading jack up provider."
Biography: Patrick Schorn
Mr. Schorn was the Executive Vice President of Wells for
Schlumberger Limited. Prior to this role, he held various global
management positions including President of Operations for
Schlumberger Limited; President Production Group; President of Well
Services; President of Completions; and GeoMarket Manager Russia.
He began his career with Schlumberger in 1991 as a Stimulation
Engineer in Europe and held
various management and engineering positions in France, United
States, Russia, US Gulf of
Mexico and Latin America. Mr.
Schorn holds a Bachelor of Science degree in Oil and Gas Technology
from the University "Noorder Haaks" in Den Helder, the Netherlands.
Hamilton, Bermuda,
10 August, 2020
Questions should be directed to:
Magnus Vaaler,
VP Investor Relations and Treasury
+47 22 48 30 00
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
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SOURCE Borr Drilling Limited