Borr Drilling Ltd. has appointed Christoph Bausch as its new CFO, replacing Francis Millet, effective from November 1, 2020.
Bausch brings many years of financial and operational management experience. Most recently he served as executive vice president and CFO of Weatherford. Previous to his tenure at Weatherford, and since May 2011, he served as executive vice president and CFO of Archer Ltd., an oilfield services company publicly traded on the Oslo Stock Exchange.
Before his role at Archer, Bausch served as a global finance director of Transocean, after having a 20-year international career with Schlumberger, where he held senior financial positions in global and regional capacities in the U.S., the U.A.E., France, Mexico, Venezuela and Germany across a number of business segments covering operations, engineering, manufacturing and supply chain. Bausch holds an MBA degree from the University of Mannheim, Germany.
“I am pleased to announce Christoph as the new CFO of Borr Drilling. His deep knowledge of the contract drilling business combined with his experience in financial restructuring will be of tremendous help to support Borr’s strategic plans in a challenging operating environment,” Patrick Schorn, CEO, said.
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