Noble Corporation chief financial officer resigns

Senior vice president and chief financial officer (CFO) of offshore drilling contractor Noble Corporation has resigned from the company.

Noble Lloyd Noble jack-up rig. Source: Noble Corporation

Noble Corporation said last Friday that its SVP and CFO Adam C. Peakes resigned effective September 9, 2019.

The company added that a search for Peakes’ replacement has already begun. In the interim, Peakes’ direct reports, including those individuals responsible for the company’s treasury and financial reporting activities, will report directly to the chairman, president, and CEO of Noble Corp., Julie J. Robertson.

Noble Corporation named Peakes as the SVP and CFO of the company in November 2016. He joined the company in January 2017.

Since 2011, Peakes served as managing director and head of OFS investment banking at Tudor, Pickering, Holt & Company. From 2000 – 2011, he served in various roles at Goldman Sachs & Company.

Regarding the appointment, Robertson stated: “Adam has helped Noble navigate the financial challenges the industry faces and to position the company to benefit as the market improves. We thank him for his efforts and wish Adam the best of luck in his future endeavors.

“We are fortunate that we can count on a strong finance and accounting team that will continue to guide the company and are pleased to have solid liquidity and an improving business.”

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