Valaris CEO, CFO to step down

Aug. 19, 2021
Tom Burke will step down as Valaris Ltd. president and CEO and member of the board of directors, effective Sept. 2, 2021.

Offshore staff

HAMILTON, Bermuda – Tom Burke will step down as Valaris Ltd. president and CEO and member of the board of directors, effective Sept. 2, 2021.

He will remain on the board of directors of ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco.

The Valaris board of directors has appointed Anton Dibowitz as interim president and CEO, effective Sept. 3, 2021.

Also, Jon Baksht will step down as executive vice president and CFO, effective Sept. 2, 2021. The board has appointed Darin Gibbins, the company’s vice president – Investor Relations and Treasurer, as interim CFO, effective Sept. 3, 2021.

08/19/2021

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