Noble’s spinoff Paragon Offshore names Senior VP and CFO

Noble Corporation plc today announced that Steven A. Manz has been appointed to the position of Senior Vice President and Chief Financial Officer of Paragon Offshore Ltd., the standard specification offshore drilling company to be created upon separation from Noble.

Noble's spinoff Paragon Offshore names Senior VP and CFO

He will report to Randall Stilley, who was named in February to serve as Chief Executive Officer and President of Paragon.

Manz has more than 25 years of experience in the offshore drilling and financial services industries. From 1995 to 2005, Manz served in a variety of management roles at Noble Corporation, including Managing Director, Noble Technology Services Division, Vice President of Strategic Planning, and Director of Accounting and Investor Relations.

Most recently Manz served at Prospector Offshore Drilling S.A., Seahawk Drilling, Inc. and Hercules Offshore, Inc., where he held the position of Chief Financial Officer of each company. Manz holds a Bachelors of Business Administration in Finance from the University of Texas at Austin.

In addition, Noble also announced the appointment of Luis A. Jimenez, who will serve as Vice President – Administration for Paragon, with responsibility for human resources, administration, learning and development, performance management, employee relations, recruiting and retention. Jimenez has a long and diverse human resources professional background, including 14 years of directly related experience in the energy services industry.

[mappress]

Press Release, April 22, 2014

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