Valaris Limited (VAL)

65.15 +1.09 (+1.70%) At close: 04:00PM EST

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: 3,933

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anton Dibowitz	President, CEO & Director	1.62M	N/A	1972
Mr. Christopher T. Weber	Senior VP & CFO	659.9k	N/A	1973
Mr. Gilles Luca	Senior VP & COO	2.36M	N/A	1972
Mr. Darin Gibbins	Vice President of Investor Relations & Treasurer	492.44k	N/A	1982
Mr. Davor Vukadin	Senior VP, General Counsel & Secretary	646.74k	N/A	1974
Mr. Matthew Lyne	Senior VP & Chief Commercial Officer	649.33k	N/A	1975
Ms. Colleen W. Grable	VP, Principal Accounting Officer & Controller	N/A	N/A	1975
Mr. Jack Winton	Vice President of Human Resources & Transformation	N/A	N/A	N/A
Mr. Duke Bajenting	Vice President of Strategy & Sustainability	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, South America, the North Sea, the Middle East, Africa, and Asia Pacific. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.

Corporate governance

Valaris Limited’s ISS governance QualityScore as of 1 December 2023 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 6.

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.