Dibowitz goes from interim to permanent CEO role at Valaris

Offshore drilling contractor Valaris has appointed Anton Dibowitz as President and Chief Executive Officer, effective immediately.

Anton Dibowitz, who has been serving as interim President and CEO of Valaris since 3 September 2021 is also a member of the company’s board of directors.

“Anton has done a tremendous job leading Valaris over the past three months and we are delighted for him to continue building upon this positive momentum in a permanent capacity,” said Elizabeth Leykum, Chair of the Board of Valaris.

“After a thorough and deliberative search process, the board unanimously agreed that Anton’s extensive knowledge of Valaris and the offshore drilling industry make him exceptionally qualified to lead this company forward and deliver value for shareholders.”

Dibowitz commented: “I am encouraged by the continued steady increase in activity we have seen across our business, evidenced by the addition of more than $2.1 billion of backlog year to date. Valaris has proven that we are an organisation with the scale, geographic diversity and best-in-class fleet to execute on our strategic priorities and deliver exceptional service to our customers around the world. Valaris has a bright future and I look forward to working closely with the board and executive team to further solidify our position as the offshore driller of choice.”

Dibowitz has more than 20 years of drilling industry expertise. He joined the Valaris board in July 2021 and was named interim President and CEO effective 3 September, replacing Tom Burke, who stepped down.

Prior to joining the board, Dibowitz served as an advisor of Seadrill from November 2020 until March 2021, and as Seadrill’s CEO from July 2017 until October 2020.

Prior to that, he served as Executive Vice President of Seadrill Management from June 2016, and as Chief Commercial Officer from January 2013 to June 2016. Prior to joining Seadrill, Dibowitz held various positions within tax, process reengineering and marketing at Transocean and Ernst & Young LLP.