Ensco CFO Jay Swent to Retire
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
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