BAAR, Switzerland, Nov. 16, 2016 /PRNewswire/ -- The Board of
Directors of Weatherford International plc (NYSE: WFT), in
recognition and appreciation of outstanding vision and years of
service, has named Dr. Bernard J.
Duroc-Danner as Chairman Emeritus. In this honorary and
advisory role to the Board of Directors, Dr. Duroc-Danner will not
receive any remuneration for his role and will remain an external
advisor.
After founding the Company almost 30 years ago and growing
Weatherford into one of the leading oilfield service providers
today, the Board owes much gratitude to Bernard for his vision and
leadership. Commenting on the appointment, Mr. Robert Rayne, Chairman of the Board, said "Given
Bernard's deep and unique knowledge of Weatherford, his established
and long-term customer relationships as well as his vast industry
and business experience, his new role will help provide continuity
and facilitate a smooth leadership transition. We believe this
designation is beneficial to Weatherford as we collectively move
forward. On behalf of myself and the Board of Directors, we would
like to personally thank Bernard for his continued support and
commitment."
About Weatherford
Weatherford is one of the largest multinational oilfield service
companies providing innovative solutions, technology and services
to the oil and gas industry. The Company operates in over 100
countries and has a network of approximately 1,000 locations,
including manufacturing, service, research and development, and
training facilities and employs approximately 31,000 people. For
more information, visit www.weatherford.com and connect
with Weatherford on LinkedIn, Twitter, YouTube and Facebook.
Contacts:
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Krishna
Shivram
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+1.713.836.4610
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Chief Executive
Officer and Chief Financial Officer
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Karen
David-Green
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+1.713.836.7430
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Vice President –
Investor Relations, Corporate Marketing and
Communications
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SOURCE Weatherford International plc