HAMILTON, Bermuda, Oct. 17,
2023 /PRNewswire/ -- Borr Drilling Limited (the
"Company") (OSE: BORR) and (NYSE: BORR) today announced that Mr.
Jeffery Currie and Mr. Patrick Schorn have been appointed as Directors
of the Company by the Board with effect from 16 October 2023.
Jeffrey Currie recently retired
from Goldman Sachs after a decorated 27-year career. For the last
15 years, he was a Partner and the Global Head of Commodities
Research where he was responsible for conducting research on
commodity market dynamics in the context of corporate risk
management programs, short and long-term commodity investment
strategies, and asset allocation. He also held roles as the
European Co-Head of Economics, Commodities and Strategy Research
between 2010 and 2012. Since his retirement, Jeff has joined the
board of Abaxx Technologies and The University
of Chicago's Energy Policy Institute where he serves as the
Chairman of the Advisory Board.
Prior to joining Goldman Sachs, Mr. Currie taught undergraduate
and graduate level courses in microeconomics and econometrics at
The University of Chicago and served as
the associate editor of Resource and Energy Economics. Jeff also
worked as a consulting economist, specializing in energy and other
microeconomic issues, and has advised many government agencies.
Jeff earned a PhD in Economics from The University of Chicago in 1996.
In relation to his appointment, Mr. Currie commented: "After
decades of analysing the trends that shape global commodity
markets, I am now focused on the themes that are key to energy
transition. One such theme is developing clean fast cycle
production in the Middle East. Borr Drilling, a company I
have known for years, can do this at scale with low costs. It owns
the most modern fleet in the industry and focuses on quick payback
and efficient shallow water wells in the world's most prolific
reservoirs in an environmentally responsible manner."
In addition, the Board has appointed the Company's CEO Mr.
Patrick Schorn as a new Director.
Mr. Schorn became CEO of Borr Drilling in September 2020, after serving as a Director of
the Board since January 2018.
Following these appointments, the Board of Directors consists of
seven members.
17 October 2023
Hamilton, Bermuda
CONTACT:
Questions should be directed to:
Magnus Vaaler, CFO, +44 1224
289208
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SOURCE Borr Drilling Limited