Seadrill Partners names new CEO and CFO

  • Business & Finance

Offshore drilling contractor Seadrill Partners has made several additions to its management team, including a new chief executive officer (CEO) and a chief financial officer (CFO).

Seadrill said on Wednesday that John T. Roche would be appointed as the CEO and join the board of directors.

Roche has been Seadrill’s CFO since 2015, and his appointment to the position of CEO comes following the previous decision by Mark Morris to step down from the role at the end of June 2019.

To replace Roche as the new CFO, Seadrill appointed Grant Creed. Grant has been with Seadrill Limited for eight years, most recently as head of M&A and will continue in this capacity on a part-time basis.

Before joining Seadrill Limited, he spent seven years with Deloitte in transaction services and audit roles.

The company also appointed Leif Nelson to the board of directors. Nelson has been Seadrill Limited’s COO since 2015 and has over 21 years’ experience in the drilling industry.

Before joining Seadrill Limited he held various operational roles for Transocean and is on the executive committee of the International Association of Drilling Contractors.

Seadrill added that all of the changes to the management team and the board of directors would become effective on July 1, 2019.

Harald Thorstein, chairman of Seadrill Partners, stated: “John, Grant, and Leif have played integral parts in our business over many years. I congratulate them on these new roles and look forward to continuing our work together.

“Finally, I would like to thank Mark for his support and valuable contribution during his time as CEO, and I wish him well in his future pursuits.”

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