
Seadrill names former Borr boss Simon Johnson as new CEO
Seadrill has named Simon Johnson, the previous head of rival agency Borr Drilling, as its new CEO.
Mr Johnson replaces Stuart Jackson as president and CEO of Seadrill, who took the highest job in 2020 to see the enterprise via its chapter 11 chapter restructuring, which it emerged from final month.
Seadrill mentioned the alternative is with “rapid impact”. It didn’t make clear Mr Jackson’s future function throughout the enterprise, however thanked him for his work.
Chair Julie Robertson mentioned: “On behalf of the Board of Seadrill, I wish to thank Stuart for his contribution in guiding the corporate via its Chapter 11 chapter reorganisation.
“These have been troublesome instances and we admire his work in preserving the Firm working in a secure and efficient method.
“We’re additionally happy to announce that Simon Johnson will succeed Stuart as President and Chief Govt Officer of the Firm.
“We imagine that Simon is well-suited to guide the Seadrill crew following its emergency from chapter.”
Simon Johnson left Borr Drilling in 2018 after the agency was acquired by Paragon Offshore, lower than a 12 months after his appointment in July 2017.
He was changed by Svend Anton Maier within the function, who was then changed himself two years later by Patrick Schorn.
Johnson has labored for a spread of drilling contractors during the last 25 years, together with Seadrill, working across the globe.
He mentioned: “I’m excited to be becoming a member of the Seadrill crew at a captivating time within the trade.
“As somebody who was on the very starting of the Seadrill story, I’m proud to return in a management function and sit up for working with our shareholders, staff, prospects and distributors to re-launch our funding proposition with a laser give attention to worth creation.”