LONDON--(BUSINESS WIRE)--
Ensco plc (NYSE:ESV) announced today that Jon Baksht has been named
chief financial officer. He will be based in London and succeeds Jay
Swent, who is retiring effective at year end.
Baksht most recently was vice president – finance after joining Ensco as
vice president – treasurer. His professional career includes experience
in investment banking and consulting. Baksht has an MBA from the Kellogg
School of Management at Northwestern University and a BS in electrical
engineering from the University of Texas.
"We look forward to Jon leading our accounting, treasury, tax, audit,
financial planning and management systems functions,” said CEO Carl
Trowell. “Jon has already demonstrated a leading role in the financial
and strategic management of the company and his prior experience
positions him well to take on this new role.”
Supply chain and information services will continue to report to Swent
in the near term until a new reporting structure is announced.
Trowell added, “Jay has been a major contributor to Ensco’s growth and
achievements for more than a decade. We congratulate Jay on his
successful career and wish him well in his retirement.”
Ensco plc (NYSE:ESV) brings energy to the world as a global provider of
offshore drilling services to the petroleum industry. For more than 28
years, the company has focused on operating safely and going beyond
customer expectations. Ensco is ranked first in total customer
satisfaction in the latest independent survey by EnergyPoint Research —
the fifth consecutive year that Ensco has earned this distinction.
Operating one of the newest ultra-deepwater rig fleets and the largest
premium jackup fleet, Ensco has a major presence in the most strategic
offshore basins across six continents. Ensco plc is an English limited
company (England No. 7023598) with its registered office and corporate
headquarters located at 6 Chesterfield Gardens, London W1J 5BQ. To learn
more, visit our website at www.enscoplc.com.
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 the new chief financial
officer. 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