STOCK TITAN

Borr Drilling Limited - Changes to the Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Borr Drilling Limited (NYSE: BORR) announced the retirement of Georgina Sousa as Director and Company Secretary, effective March 2, 2022, after serving since February 2019. The Board expressed gratitude for her contributions to the company, particularly in the Shipping and Offshore industry. Mi Hong Yoon has been appointed to the Board as her successor in the Company Secretary role, effective March 1, 2022. Yoon brings significant experience as a former Chief Legal, Regulatory and Compliance Officer at Digicel Bermuda and has held senior legal positions at Telstra Corporation Limited.

Positive
  • Mi Hong Yoon's appointment may introduce new perspectives and strengthen the leadership team.
  • Yoon's extensive legal background can enhance compliance and regulatory oversight.
Negative
  • Georgina Sousa's departure may raise concerns regarding continuity in leadership.
  • Potential experience gaps as the new Company Secretary transitions into the role.

OSLO, Norway, March 2, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (OSE: BORR) (NYSE: BORR) today announced the retirement of Ms Georgina Sousa as a Director and Company Secretary.

The Board would like to thank Ms. Sousa for her great contribution to the Company, serving as Director and Company Secretary of the Company since February 2019 and in her career in numerous company secretary and director roles in the Shipping and Offshore industry.

The Board would also like to take the opportunity to welcome Ms. Mi Hong Yoon who has been appointed to the Board of the Company on March 1, 2022, and will succeed Ms. Sousa as Company Secretary. Ms. Yoon was employed by Digicel Bermuda as Chief Legal, Regulatory and Compliance Officer from March 2019 until February 2022 and served as Senior Legal Counsel of Telstra Corporation Limited's global operations in Hong Kong and London from 2009 to 2019.  Ms. Yoon graduated from the University of New South Wales with a Bachelor of Law (LLB) and the LLM in International Economic Law from the Chinese University of Hong Kong.  Ms. Yoon is an Australian citizen and a resident of Bermuda.

Hamilton, Bermuda

March 2, 2022

CONTACT:

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited---changes-to-the-board-of-directors,c3517064

Cision View original content:https://www.prnewswire.com/news-releases/borr-drilling-limited--changes-to-the-board-of-directors-301493727.html

SOURCE Borr Drilling Limited

FAQ

Who replaced Georgina Sousa at Borr Drilling Limited?

Mi Hong Yoon has been appointed as the new Company Secretary, effective March 1, 2022.

What role did Georgina Sousa hold at Borr Drilling Limited?

Georgina Sousa served as Director and Company Secretary since February 2019.

What is Mi Hong Yoon's professional background?

Before joining Borr Drilling, Mi Hong Yoon was the Chief Legal, Regulatory and Compliance Officer at Digicel Bermuda.

When did Georgina Sousa retire from Borr Drilling Limited?

Georgina Sousa announced her retirement on March 2, 2022.

What are the possible impacts of the management change at Borr Drilling Limited?

The management change may bring fresh perspectives but could also introduce continuity concerns.

Borr Drilling Limited

NYSE:BORR

BORR Rankings

BORR Latest News

BORR Stock Data

994.34M
233.06M
6.86%
79.05%
6.15%
Oil & Gas Drilling
Energy
Link
United States of America
Hamilton