Seadrill names energy industry veteran as chief financial officer

Offshore drilling contractor Seadrill has named a new chief financial officer (CFO) of the company.

Illustration; Source: Seadrill

Seadrill said on Thursday that it named Stuart Jackson as the company’s CFO, effective upon release from his current employment expected by the beginning of August.

He will replace Seadrill Limited CFO Mark Morris who announced he would step down from his position in January 2019.

Jackson has been the chief financial officer of LSE, NASDAQ, OSE, and AIM-listed companies for the past 20 years.

He has more than 30 years of experience in the international energy sector covering exploration and production, power generation and offshore services, and at CFO level has led the capital restructuring of several businesses including Bibby Offshore, CEONA, and Acergy – now Subsea 7.

Anton Dibowitz, CEO of Seadrill, said: “Stuart has a breadth of experience, deep industry expertise and a strong track record of creating shareholder value through capital market transactions, mergers & acquisitions and driving efficiency.

“His addition to the team will greatly support the achievement of our strategic plans and we look forward to welcoming Stuart onboard.”

It is worth reminding that Jackson was supposed to join the self-propelled self-elevating support vessels provider, Gulf Marine Services (GMS), as a CFO in “early summer” 2019.

He was initially announced as the next chief financial officer of GMS in February this year. However, in April, Jackson revealed that he would not be joining GMS due to family health reasons.

Instead of Jackson, GMS then in May named Stephen Kersley as its CFO who most recently worked as CFO for Tervita, a Canadian oilfield services business.

Offshore Energy Today Staff

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