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CLSA Upgrades Weatherford International (WFT) to Buy

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Weatherford (WFT) Chairman and CEO Bernard J. Duroc-Danner to Depart

November 9, 2016 3:41 PM EST

Weatherford 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.

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Weatherford (WFT) Chairman, CEO Duroc-Danner Resigns

November 9, 2016 3:40 PM EST

Weatherford (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.

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Weatherford (WFT) trading halted with news pending

November 9, 2016 3:31 PM EST

Weatherford (NYSE: WFT) trading halted with news pending.

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