LONDON--(BUSINESS WIRE)--
Ensco plc (NYSE: ESV) announced today that EVP & CFO Jay Swent, 64, will
be retiring after more than 11 years of service. Mr. Swent will continue
to serve in his current role until the succession process has been
completed and a new CFO has been named. The completion of the succession
process may extend into the first half of next year.
“Jay has been integral to Ensco’s major achievements over the past
decade as the company has grown to become an industry leader,” said CEO
and President Carl Trowell. “We congratulate Jay on his successful
career, and wish him and his family all the best as they plan for his
upcoming retirement.”
Statements contained in this press release that are not historical
facts are forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking statements include words or phrases such as
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,”
“project,” “could,” “may,” “might,” “should,” “will” and similar words
and specifically include statements regarding Mr. Swent’s transition
period and intention to continue to serve as CFO, succession planning
and the appointment of a new CFO. Such statements are subject to
numerous risks, uncertainties and assumptions that may cause actual
results to vary materially from those indicated. When considering these
forward-looking statements, you should keep in mind the risk factors and
other cautionary statements in our reports filed with the SEC, including
those described under “Item 1A. Risk Factors” in Part I of our most
recent annual report on Form 10-K, as updated in our subsequent
quarterly reports on Form 10-Q, which are available on the SEC’s website
at www.sec.gov
or on the Investor Relations section of our website at www.enscoplc.com.
Each forward-looking statement speaks only as of the date of the
particular statement, and we undertake no obligation to publicly update
or revise any forward looking statements, except as required by law.
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Source: Ensco plc