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Seadrill Chairman, Glen Ole Rødland steps down

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Glen Ole Rødland has notified Seadrill that he will be stepping down from the Board with immediate effect, having been Chairman since November 2019. The Board would like to thank Glen for his leadership and counsel during his tenure as Chairman of Seadrill, and the work he has led to progress our current restructuring.

Stuart Jackson, CEO said, “We continue to make good progress with our lenders through productive discussions and our board and management team remain focussed on delivering a significant balance sheet deleveraging to support our safe and efficient operations.”

“For me, now is the right time to hand over the reins, the restructuring has been complex and multi-faceted and I have every confidence the board will guide the deal over the line” says Glen Ole Rødland.

Information Source: Read Full Release ..–>

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