Ensco plc has named Carl Trowell chief executive officer and president, effective 15 June, the company announced on 9 May 2014. He succeeds Dan Rabun who is retiring after eight years as CEO. Rabun’s retirement was announced in November 2013. Trowell will also be appointed to Ensco’s board.
Following Trowell’s appointments, Rabun will remain as non-executive chairman to ensure a smooth transition. Trowell will be based in Ensco’s London headquarters.
Trowell comes to Ensco from Schlumberger, where he held positions such as president of integrated project management (IPM), president of Schlumberger production management (SPM), and president of Schlumberger WesternGeco Ltd. Trowell began his professional career as a petroleum engineer with Shell before joining Schlumberger where he held a variety of international management positions. His responsibilities ranged from operations and technology to marketing and business development across various regions. Trowell has a PhD in Earth Sciences from the University of Cambridge, a BSc degree in Geology from Imperial College London and an MBA from The Open University.
Paul Rowsey, lead director of Ensco, said: "Carl is a multi-talented executive with proven leadership, operations, technology and marketing expertise focused on the international energy services industry. He embodies our core values - particularly our commitment to safety, operational excellence and superior customer service - which, coupled with Carl’s extensive industry knowledge, make him the ideal executive to lead Ensco’s future growth in offshore drilling. We are confident that our customers, employees and shareholders will benefit greatly from his many talents, broad perspective and passion to excel. On behalf of the entire board and executive management team, we welcome Carl to Ensco."
Rowsey added: "We thank Dan for his many achievements over eight years as CEO, especially Ensco’s safety record and leading customer satisfaction scores. Dan led Ensco through a remarkably successful period in our history that included newbuild construction and a well-executed acquisition that gave us more advanced technological capabilities, a larger customer base and more extensive global operations. We are grateful that Dan will stay on as Non-Executive Chairman for a period of time to ensure a smooth transition."
"I have truly enjoyed leading Ensco and am especially proud that we have taken our safety performance to an even higher level," Rabun said. "Carl will benefit, as I have, from our highly-talented management team and exceptionally dedicated employees who go beyond expectations in everything they do."
Trowell stated: "Ensco has a well-earned reputation as the best offshore driller given its focus on safety, operational excellence and customer service. I am honored to have been chosen to lead Ensco’s talented team of executives and employees, and my focus will be on fostering collaboration to fully harness our global resources. This includes working closely with customers and vendors to ensure we deliver the most innovative, technologically-advanced and efficient drilling services to the oil and gas industry. In doing so, we will create additional value for shareholders and even more career advancement opportunities for employees."
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