Jefferies Trims Numbers, Maintains 'Buy' on Weatherford (WFT) Following CEO Departure
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Weatherford (WFT) Shares Pop Higher Upon Resumption
November 9, 2016 3:51 PM ESTWeatherford (NYSE: WFT) shares resume trading. The stock is now up around 25 percent.
... MoreWeatherford (WFT) Chairman and CEO Bernard J. Duroc-Danner to Depart
November 9, 2016 3:41 PM ESTWeatherford International plc (NYSE: WFT) announces the departure of Bernard J. Duroc-Danner, Chairman of the Board, President and Chief Executive Officer effective immediately. Mr. Robert Rayne, current Vice Chairman of the Board, will serve as Chairman of the Board. Mr. Krishna Shivram will lead the Company as interim Chief Executive Officer, and will continue as Chief Financial Officer (CFO) until a new CFO is named in the coming days.
Management... More
Weatherford (WFT) Chairman, CEO Duroc-Danner Resigns
November 9, 2016 3:40 PM ESTWeatherford (NYSE: WFT) announces the departure of Bernard J. Duroc-Danner, Chairman of the Board, President and Chief Executive Officer effective immediately. Mr. Robert Rayne, current Vice Chairman of the Board, will serve as Chairman of the Board. Mr. Krishna Shivram will lead the Company as interim Chief Executive Officer, and will continue as Chief Financial Officer (CFO) until a new CFO is named in the coming days.
Management... More
