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Valaris grows leadership team

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Three new members have been appointed to the executive management committee at Valaris Limited, the Bermudian-based offshore drilling company.

Chris Weber will join Valaris as senior vice-president and chief financial officer, Matt Lyne will come aboard as senior vice-president and chief commercial officer, and Davor Vukadin – the company’s associate general counsel – has been promoted to senior vice-president and general counsel.

Mr Weber and Mr Lyne are expected to start in the third quarter of the year.

“I am thrilled to welcome three proven, high-performing leaders to the Valaris executive management committee,” said Anton Dibowitz, president and chief executive officer of Valaris.

“With the addition of these executives, I strongly believe that we have the right leadership team in place to continue building on the positive momentum we are seeing in the business.

“Our focus will remain on delivering safe, reliable and efficient operations for our customers while building upon our important strategic pillars of being value driven, focused and responsible in our decision making in order to maximise shareholder value.”

The company said Darin Gibbins, who is serving as interim CFO, will continue in his role as vice-president – investor relations and treasurer after Mr Weber joins the company.

Elizabeth Darby, who served as interim general counsel, is continuing in her role as chief compliance officer.

Christophe Raimbault will continue to serve as vice-president and interim head of marketing and remain with the company after Mr Lyne joins.

Mr Dibowitz added: “I would also like to acknowledge Darin, Elizabeth and Christophe, who are proven leaders and who ensured the company continued to perform strongly during their time in interim roles.

“The Valaris executive management committee and board are very appreciative of their ongoing contributions.”

Chris Weber: to join Valaris as senior vice president and chief financial officer
Matt Lyne: to join Valaris as senior vice president and chief commercial officer
Davor Vukadin: promoted to senior vice president and general counsel
Anton Dibowitz, president and chief executive officer of Valaris (File photograph)

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Published May 29, 2022 at 12:35 pm (Updated May 29, 2022 at 3:53 pm)

Valaris grows leadership team

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