Valaris Limited (VAL)

62.41 +0.04 (+0.06%) At close: 04:00PM EDT

Valaris Limited

Clarendon House
2 Church Street
Hamilton HM 11
Bermuda

https://www.valaris.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 3,400

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anton Dibowitz	Pres, CEO & Director	1.29M	N/A	1972
Mr. Gilles Luca	Sr. VP & COO	2.02M	N/A	1972
Mr. Christopher T. Weber	Sr. VP & CFO	N/A	N/A	1973
Ms. Colleen W. Grable	Principal Accounting Officer & Controller	N/A	N/A	1975
Mr. Davor Vukadin	Sr. VP & Gen. Counsel	N/A	N/A	N/A
Mr. Jack Winton	VP of HR & Transformation	N/A	N/A	N/A
Mr. Steven Joseph Brady	Sr. VP of Eastern Hemisphere	N/A	N/A	1960
Mr. Christophe Raimbault	VP of Sustainability & New Energy	N/A	N/A	N/A
Mr. Matt Lyne	Sr. VP & Chief Commercial Officer	N/A	N/A	1975

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. The company was incorporated in 2009 and is based in Hamilton, Bermuda.

Corporate governance

Valaris Limited’s ISS governance QualityScore as of 1 February 2023 is 1. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.