Seadrill Corporate Management Change
Seadrill’s Chief Financial Officer Esa Ikaeheimonen [pictured] will leave the Company during the second half of 2012, and 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 Ikaeheimonen, the appointments of Robert Hingley-Wilson as the new CAO and SVP, and Rune Magnus Lundetrae as the CFO [designate] and SVP are made with immediate effect.
Until his departure, Esa Ikaeheimonen 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.
Bermuda-based Seadrill is a leading offshore deepwater drilling company. The company operates a fleet of 60 units for operations in shallow to ultra-deepwater areas in harsh environment and benign environments including semi-submersibles, deepwater drillships and jack-ups.
Seadrill, which operates in 15 countries on five continents, is listed on the New York Stock Exchange and the Oslo Stock Exchange.
