SDRL - Change in corporate management team

SDRL - Change in corporate management team

ID: 110622

(Thomson Reuters ONE) -


Hamilton, Bermuda, February 2, 2012  - Seadrill's Chief Financial Officer, Esa
Ikäheimonen has decided to leave the Company during the second half of 2012 to
pursue other career opportunities. In this context Seadrill has restructured its
finance organization dividing the CFO role into two and creating a new role of
Chief Accounting Officer (CAO).

Both senior finance roles, CFO and CAO, shall report to the CEO, Alf C
Thorkildsen, and be part of the executive management team.

The revised CFO role shall focus on managing Investor Relations, Treasury, Tax,
and Risk and Insurance, whereas the new role of CAO shall manage all accounting
and controlling work, including external reporting.

To succeed Esa Ikäheimonen, the appointments of Robert Hingley-Wilson as the new
CAO and SVP, and Rune Magnus Lundetræ as the CFO (designate) and SVP are made
with immediate effect.

Until his departure, Esa Ikäheimonen will continue to work as CFO to ensure a
smooth transit and to assist the new organization to be effective as well as
working on strategic projects for the CEO.


Contact:
Alf C Thorkildsen
Chief Executive Officer
Seadrill Management AS
+47 51 30 99 19




This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Seadrill Limited via Thomson Reuters ONE

[HUG#1582206]




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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 02.02.2012 - 17:30 Uhr
Sprache: Deutsch
News-ID 110622
Anzahl Zeichen: 2060

contact information:
Town:

Hamilton



Kategorie:

Business News



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