Noble Corporation and Maersk Drilling Select Board

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Offshore drilling companies Noble Corporation and Maersk Drilling, which are set to merge, announced on Wednesday that the combined company’s board of directors would be effective upon the closing of the business combination announced on November 10, 2021.

In a joint statement, the companies said the combined company’s seven-member board of directors, led by Chairman Charles M. (Chuck) Sledge, would provide a “diverse and balanced” representation of current corporate boards. Noble and Maersk Drilling.

“Each member of the Board of Directors has significant leadership experience and brings unique perspectives on strategic planning, capital markets, mergers and acquisitions, E&P clients, legal and regulatory affairs, and sustainability in the business. ‘offshore oil and gas industry,’ the duo said.



Sledge said, “I look forward to working with this group of experienced administrators when the merger is complete. The diversity of knowledge and background will serve the combined company well as the offshore drilling industry enters a new economic cycle. Under the governance of this board and the direction of Robert, I am confident that the combined company will be the driller of choice for our customers and the capital of choice for investors.

Maersk Drilling Chairman Claus V. Hemmingsen added, “I am delighted to accept the appointment as a post-closing board member. The combination of Maersk Drilling and Noble is based on a strong industrial logic and I remain convinced that the new company will be a unique and unparalleled player in the offshore drilling market. I look forward to building on the momentum of both companies, drawing built on our shared values, focus on improving the customer experience and commitment to sustainability.

See below the nominees for the board of directors of the combined company and their biographies, as shared by Noble Corporation and Maersk Drilling:

Charles M. (Chuck) Sledge, President

Charles M. (Chuck) Sledge has served as Chairman of the Board of Noble Corporation since early 2021. Mr. Sledge is currently Chairman of Weatherford International and a member of the Board of Directors of Talos Energy LLC. Mr. Sledge served as Chief Financial Officer of Cameron International Corporation from 2008 until 2016, when the oil services company was acquired by Schlumberger Ltd. Previously, Mr. Sledge served as Corporate Controller at Cameron International Corporation from 2001 to 2008. He brings valuable experience gained as a senior executive in the energy industry and an in-depth knowledge of accounting and finance. He earned a BS in accounting from Louisiana State University.

Claus V. Hemmingsen

Christmas. V. Hemmingsen has been Chairman of the Board of Maersk Drilling since 2016. Mr. Hemmingsen is currently Chairman of DFDS A/S, HusCompagniet A/S and Innargi Holding A/S, and a member of the Board of AP Møller og Hustru Chastine Mc-Kinney Møllers Fond til Almene Formaal (AP Moller Foundation), AP Møller Holding A/S, Den AP Møllerske Støttefond, Det Forenede Dampskibs-Selskabs Jubilæumsfond, Fonden Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Global Maritime Forum Fonden and Work Wear Group A/SM Hemmingsen is a member of the Danish Corporate Governance Committee. Until 2019, Mr. Hemmingsen was Deputy CEO and Member of the Board of Directors of AP Møller-Maersk A/S and CEO of the Energy Division of AP Møller-Maersk. Previously, Mr. Hemmingsen was CEO of Maersk Drilling since 2004. Mr. Hemmingsen has extensive international, business and management experience in the offshore oil and gas and shipping sectors, including HSSE and sustainability, mergers and acquisitions, capital and non-executive management. He studied management at London Business School and Cornell University and earned an Executive MBA from IMD in 2007.

Alan J. Hirshberg

Alan J. Hirshberg has served on the board of directors of Noble Corporation since early 2021. Mr. Hirshberg is currently a member of the board of directors of Falcon Minerals Corporation and McDermott International and previously served as a senior advisor at Blackstone Management Partners. Between 2010 and 2019, Mr. Hirshberg worked for ConocoPhillips as Executive Vice President, Production, Drilling and Projects and Senior Vice President, Planning and Strategy. Prior to joining ConocoPhillips, Mr. Hirshberg worked at Exxon and ExxonMobil for 27 years, holding various leadership positions in upstream research, manufacturing operations, major projects and strategic planning. His last position at ExxonMobil was as vice president of Worldwide Deepwater and Africa projects. Mr. Hirshberg holds BS and MS degrees in Mechanical Engineering from Rice University.

Kristin H. Holth

Kristin H. Holth has served on the board of directors of Maersk Drilling since April 2020. Ms. Holth is currently a member of the board of directors of GasLog Partners, Maersk Tankers A/S, HitecVision AS, ABP AS, BI International Advisory Board and chairman of ‘Equality Check AS. Prior to starting her career as a Non-Executive Director, Ms. Holth was Executive Vice President and Global Head of Ocean Industries at DNB Bank ASA – Norway’s largest financial services group and a leading financial institution within industries. oceanic. Ms. Holth has held many leadership positions with DNB over the years, including Global Head of Shipping, Offshore and Logistics for 4 years and Managing Director and Head of DNB Americas for 6 years. She has significant international, managerial and business knowledge of global capital markets, shipping, offshore, oil & gas and oilfield services, with a particular focus on ESG issues. Ms. Holth holds a bachelor’s degree in economics and business administration from BI Norwegian Business School.

Alistair Maxwell

Alastair Maxwell has served on the board of Maersk Drilling since April 2019. He comes from a role as Chief Financial Officer of Signifier Medical Technologies Ltd. and previously served as Chief Financial Officer of GasLog Ltd. Prior to that, he worked in the investment banking industry. for 29 years, most recently at Goldman Sachs from 2010 to 2016 where he was a partner and co-head of the Global Energy group with responsibility for relationships with a wide range of corporate and other clients. He previously worked at Morgan Stanley, most recently as Managing Director and Head of Energy EMEA, and at Dresdner Kleinwort Benson in a series of roles within the Utilities and M&A groups. Mr. Maxwell has extensive international and financial experience in energy markets, including mergers and acquisitions, privatization, restructuring, and equity and debt markets. Mr. Maxwell studied Modern Languages ​​(Spanish and Portuguese) at Worcester College, Oxford.

Ann D. Pickard

Ann D. Pickard has served on the board of directors of Noble Corporation since early 2021. Ms. Pickard is currently a director of KBR, Inc., Woodside Petroleum Ltd. and the University of Wyoming Foundation. Additionally, Ms. Pickard is an active member of Chief Executive Women. Ms Pickard worked for Royal Dutch Shell from 2000 to 2016 and held numerous senior positions of increasing responsibility. She joined Shell after an 11-year tenure at Mobil before its merger with Exxon. She has 25 years of international experience as a senior executive in large organizations, with responsibility for major business transformations, maximizing return on assets in challenging environments, complex negotiations, large-scale development projects and strategic planning. Ms. Pickard has extensive business experience in South America, Australia, countries of the former Soviet Union, the Middle East and Africa. Ms. Pickard holds a Bachelor of Arts from the University of California, San Diego and a Master of Arts from the University of Pennsylvania.

Robert W. Eifler

Mr. Eifler has served on the board of directors of Noble Corporation and as the company’s president and chief executive officer since May 2020. Previously, Mr. Eifler served as the company’s senior vice president, commercial. August 2019 until taking office as President and CEO. Chief Executive Officer. Mr. Eifler served as Noble’s Senior Vice President, Marketing and Contracts from February 2019 to August 2019, and the company’s Vice President and General Manager of Marketing and Contracts from July 2017 to February 2019. Prior to that Mr. Eifler led Noble’s marketing and contracts. contracts efforts for the Eastern Hemisphere while being based in London. From November 2013 to March 2015, Mr. Eifler worked for Hercules Offshore, an offshore driller, as Director of International Marketing. Mr. Eifler originally joined Noble in February 2005 as part of the management development program and held numerous operational and marketing positions with increasing responsibilities around the world until joining Hercules in 2013. Mr. Eifler has deep industry knowledge and will serve as chairman. and CEO of the combined company upon closing of the transaction. Mr. Eifler holds a BS in Systems and Information Engineering from the University of Virginia and an Acton MBA in Entrepreneurship.

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