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Friday, December 6, 2024

Ensco Plc News

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Ex-Ensco CEO Joins Borr Drilling as Director

Offshore drilling rig firm Borr Drilling has appointed Daniel Rabun, former CEO of Ensco, as a company director to fill existing vacancy with effect April 25, 2023.Rabun served as Chairman of the Board, President and Chief Executive Officer of Ensco plc, an offshore drilling services company from 2007until his retirement in May 2015.Before joining Ensco, Rabun was a partner with the international law firm of Baker & McKenzie LLP, where he provided legal advice to oil and gas companies.Rabun has served on the Board of Directors and as a member of the Audit Committee and Governance and Nomination

(File photo: Noble Corp)

Noble Corp Names Butz CFO

London-headquartered offshore drilling contractor Noble Corporation has appointed Stephen M. Butz as Executive Vice President and Chief Financial Officer, effective December 19, 2019.From 2014 until its merger with Ensco plc, Butz served as Executive Vice President and Chief Financial Officer at Rowan Companies. From 2005 – 2014, he served in various roles at Hercules Offshore, most recently serving as Executive Vice President and Chief Financial Officer.  Prior to that, Butz worked as an equity research analyst covering various energy related industries and as a commercial banker.

Baksht Succeeds Swent as Ensco CFO

Ensco plc has named Jon Baksht the company’s new chief financial officer based in London, succeeding Jay Swent, who will retire at year end.   Baksht was most recently vice president - finance after joining Ensco as vice president - treasurer. His professional career includes experience in investment banking and consulting. Baksht has an MBA from the Kellogg School of Management at Northwestern University and a BS in electrical engineering from the University of Texas.   Supply chain and information services will continue to report to Swent in the near term until a new reporting

Major Board Changes at Golar LNG

both members for their very valuable contributions and wish them the best in the future. The Board has nominated Dan Rabun to succeed Sir Frank Chapman as Chairman after the AGM planned for 23 September, 2015.  Mr Rabun has a financial and legal education and was, until May 2015, Chairman of Ensco PLC.  He has a strong energy background from Ensco and as managing partner in Baker McKenzie's Dallas office.  He is currently a Board member in Apache Corporation. The Board is further pleased to announce that Niels Stolt Nielsen has accepted to be nominated as a candidate to become a

Ensco CFO Jay Swent to Retire

  Ensco plc announced today that EVP & CFO Jay Swent, 64, will be retiring after more than 11 years of service. Mr. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named. The completion of the succession process may extend into the first half of next year. “Jay has been integral to Ensco’s major achievements over the past decade as the company has grown to become an industry leader,” said CEO and President Carl Trowell. “We congratulate Jay on his successful career, and wish him and his family

Ensco Promotes Lowe to EVP

Ensco plc announced that Carey Lowe has been promoted to Executive Vice President.   Lowe will be responsible for overseeing investor relations, public relations, employee communications and branding, led by Vice President Sean O’Neill, as well as strategy, headed by Vice President Michael Howe, and human resources, directed by Vice President Maria Silva. Mr. Lowe was most recently Senior Vice President – Eastern Hemisphere where he led operations for Europe, Africa, Middle East and the Asia Pacific region. He will continue to be based in London. Mr. Lowe joined Ensco in 2008 as

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