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Weatherford International plc (WFT)


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Weatherford International plc

Bahnhofstrasse 1
Baar 6340
Switzerland
41 22 816 1500
http://www.weatherford.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees30,000

Key Executives

NameTitlePayExercisedAge
Dr. Bernard J. Duroc-Danner Ph.D.Chairman Emeritus and External Advisor23.68MN/A63
Mr. Christoph BauschChief Financial Officer and Exec. VP689.94kN/A53
Mr. Douglas M. MillsChief Accounting Officer and VP351.78kN/A43
Ms. Christina M. IbrahimExec. VP, Gen. Counsel and Corp. Sec.601.93kN/A49
Mr. Lance R. MarklingerPres of Global Sales1.01MN/A56
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service company worldwide. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. The company operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs. The Formation Evaluation and Well Construction business group provides managed-pressure drilling, drilling services, tubular running services, drilling tools and rental equipment, wireline services, testing and production services, re-entry and fishing services, cementing products, liner systems, reservoir solutions, and surface logging systems. The Completion and Production business group offers artificial lift systems, and stimulation and completion systems. The Land Drilling Rigs business group provides onshore contract drilling services and related operations, as well as operates a fleet of land drilling and workover rigs. Weatherford International public limited company was founded in 1972 and is headquartered in Baar, Switzerland.

Corporate Governance

Weatherford International plc’s ISS Governance QualityScore as of May 1, 2017 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.