People: Weatherford International Ltd (WFT)
WFT on New York Consolidated
14.49USD
21 May 2013
14.49USD
21 May 2013
Price Change (% chg)
$0.15 (+1.05%)
$0.15 (+1.05%)
Prev Close
$14.27
$14.27
Open
$14.37
$14.37
Day's High
$14.65
$14.65
Day's Low
$13.91
$13.91
Volume
11,260,394
11,260,394
Avg. Vol
9,280,934
9,280,934
52-wk High
$14.65
$14.65
52-wk Low
$8.84
$8.84
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Bernard Duroc-Danner |
59 | 1998 | Chairman of the Board of Director, President, Chief Executive Officer |
Robert Rayne |
64 | 2011 | Vice Chairman of the Board, Presiding Independent Director |
John Briscoe |
55 | 2012 | Chief Financial Officer, Senior Vice President |
Peter Fontana |
66 | 2013 | Chief Operating Officer, Executive Vice President |
Dharmesh Mehta |
47 | 2013 | Executive Vice President, Chief Administrative Officer |
William Jacobson |
44 | 2012 | Senior Vice President, Co-General Counsel, Chief Compliance Officer |
Joseph Henry |
42 | 2012 | Senior Vice President, Co-General Counsel |
Nicholas Gee |
50 | 2013 | Senior Vice President - Strategy and Development |
Antony Branch |
44 | 2013 | Vice President - Europe, Africa and Middle East |
Edgar Chapman |
37 | 2013 | Vice President - Western Hemisphere |
Ernest Dunn |
59 | 2013 | Vice President - Production |
Peter Levens |
53 | 2013 | Vice President - Asia and Russia |
Lance Marklinger |
52 | 2013 | Vice President - Well Construction and Completion |
James Parent |
43 | 2012 | Vice President - Tax |
Paul Timmins |
47 | 2013 | Vice President - Formation Evaluation |
Samuel Bodman |
74 | 2010 | Independent Director |
Nicholas Brady |
83 | 2004 | Independent Director |
David Butters |
72 | 2011 | Independent Director |
John Gass |
61 | Independent Director | |
William Macaulay |
67 | 1998 | Independent Director |
Robert Moses |
73 | 1998 | Independent Director |
Guillermo Ortiz Martinez |
65 | 2010 | Independent Director |
Emyr Parry |
65 | 2010 | Independent Director |
Biographies
| Name | Description |
|---|---|
Bernard Duroc-Danner |
Dr. Bernard J. Duroc-Danner, Ph.D., is Chairman of the Board of Director, President, Chief Executive Officer of Weatherford International Ltd., since May 27, 1998. Dr. Duroc-Danner joined EVI, Inc., Weatherford’s predecessor company, at its inception in May 1987 and was directly responsible for the growth of EVI, Inc.’s oilfield service and equipment business. He has directed the growth of the Company since that time. He was elected EVI’s President and Chief Executive Officer in 1990. Subsequent to the merger of EVI, Inc. with Weatherford Enterra, Inc. on May 27, 1998, Dr. Duroc-Danner was elected as Chairman of the Board. He holds an M.B.A. and a Ph.D. in Economics from Wharton (University of Pennsylvania). Prior to the start-up of EVI, Dr. Duroc-Danner held positions at Arthur D. Little Inc. and Mobil Oil Inc. Dr. Duroc-Danner has been a director of LMS Capital plc, an investment company listed on the London Stock Exchange, since 2006. Dr. Duroc-Danner also serves on the National Petroleum Council and is a member of the Society of Petroleum Engineers. Dr. Duroc-Danner was the recipient of Ernst & Young’s 2008 Entrepreneur of the Year in Energy, Chemicals and Mining category. During the past five years, Dr. Duroc-Danner also was a director of Helix Energy Solutions Group, Inc. |
Robert Rayne |
The Hon. Robert A. (Robbie) Rayne is Vice Chairman of the Board, Presiding Independent Director of Weatherford International Ltd. Mr. Rayne has been a non-executive director of LMS Capital plc, an investment company listed on the London Stock Exchange, since February 2010, and was the Chairman of LMS Capital from February 2010 to January 2012. Mr. Rayne was the Chief Executive Officer and a director of LMS Capital from June 2006, when the investment business of London Merchant Securities plc was demerged and LMS Capital was formed to hold this business, until February 2010. Mr. Rayne was employed by London Merchant Securities from 1968 to June 2006 and served as its Chief Executive Director from May 2001 to June 2006. Mr. Rayne attended Malvern College and received a diploma from the New York Institute of Finance in Accounting, Law, and Working in the Stock Exchange. |
John Briscoe |
Mr. John H. Briscoe is Chief Financial Officer, Senior Vice President of Weatherford International Ltd. He joined the Company in August 2011 as Vice President and Chief Accounting Officer and was appointed Senior Vice President and Chief Financial Officer in March 2012. From 2005 to August 2011, Mr. Briscoe was in senior management at Transocean Ltd. and was Vice President and Controller from October 2007 to August 2011. Prior to joining Transocean, Mr. Briscoe held senior accounting positions with Ferrellgas Inc. and Dresser Industries Inc. Mr. Briscoe also has seven years of public accounting experience with the firms of KPMG and Ernst & Young. Mr. Briscoe is a certified public accountant and holds a BBA from the University of Texas. |
Peter Fontana |
Mr. Peter T. Fontana is Chief Operating Officer, Executive Vice President of Weatherford International Ltd. He was appointed Executive Vice President in March 2013 and Chief Operating Officer in December 2010. Mr. Fontana joined the Company in January 2005 and has served in various senior management capacities, including Senior Vice President – Western Hemisphere. Mr. Fontana has an MBA from Southern Methodist University, and, prior to joining the Company, he held leadership positions with Baker Hughes, Forasol/Foramer and The Western Company of North America. |
Dharmesh Mehta |
Mr. Dharmesh B. Mehta is Executive Vice President, Chief Administrative Officer of Weatherford International Ltd., since March 20, 2013. He was appointed Chief Administrative Officer in January 2013. Mr. Mehta joined the Company in 2001 and has served in various senior management capacities, including Senior Vice President – Completion and Production Systems. Prior to joining the Company, Mr. Mehta had 10 years of experience in the software and oil and gas industries. Mr. Mehta holds a bachelor’s degree from the University of Houston and a master’s degree from the University of Wisconsin. |
William Jacobson |
Mr. William B. Jacobson is Senior Vice President, Co-General Counsel and Chief Compliance Officer of Weatherford International Ltd. He joined the Company in March 2009 and was appointed Vice President and Chief Compliance Officer in June 2009, Co-General Counsel in December 2009 and Senior Vice President in March 2012. During the past five years, Mr. Jacobson also served as a federal prosecutor for the Fraud Section of the U.S. Department of Justice’s Criminal Division, where he held various positions, including Assistant Chief for FCPA Enforcement, and was in private practice. Mr. Jacobson holds a Bachelor of Arts from Tufts University and a Juris Doctor from Georgetown University Law Center. |
Joseph Henry |
Mr. Joseph C. Henry is Senior Vice President, Co-General Counsel of Weatherford International Ltd. He was appointed Vice President – Legal in June 2009, Vice President and Co-General Counsel in December 2009 and Senior Vice President in March 2012. He joined the Company in 2003 and became Associate General Counsel in 2006. Prior to joining, Mr. Henry was an attorney with an international law firm in Houston from 1995 to 2001 and served as in-house counsel with other energy companies from 2001 to 2003. Mr. Henry holds a bachelor’s degree from the University of Houston and a Juris Doctor from the University of Texas School of Law. |
Nicholas Gee |
Mr. Nicholas W. Gee is Senior Vice President - Strategy and Development of Weatherford International Ltd., since January 2013. Mr. Gee rejoined Weatherford in April 2009 and has held various senior management positions, including Senior Vice President – Formation Evaluation and Well Construction. Between June 2004 and April 2009, he pursued investment opportunities in the oil and gas exploration and production sector and provided technology and business strategy advice internationally to oil and gas operating and service companies. Between 2000 and 2004, Mr. Gee was a vice president of completions group. Prior to that time, he was in management with Global Marine Drilling Company in the North Sea. Mr. Gee began his career as a petroleum engineer with BP working in oil and gas exploration and production and has over 25 years experience in the oil and gas exploration and production business. He graduated with a 1st class honors degree in Chemical Engineering from the University of Birmingham and holds an MBA with distinction from Warwick Business School. |
Antony Branch |
Mr. Antony Branchis Vice President - Europe, Africa and Middle East of Weatherford International Ltd., since January 2013. Mr. Branch joined the Company in 2005, when Company acquired Precision Drilling Corporation, and has held numerous management positions, including Vice President – Europe & Caspian Region. Prior to joining the Company, Mr. Branch held management positions with Precision and Sperry - Sun Drilling Services. Mr. Branch holds a degree in Petroleum Geology from the University of Aberdeen. |
Edgar Chapman |
Mr. Edgar Kyle Chapman is Vice President - Western Hemisphere of Weatherford International Ltd. Mr. Chapman joined the Company in 1999 and has held numerous management positions, including Vice President – Latin America Region. Mr. Chapman holds a Bachelor of Science in Mechanical Engineering from Texas Tech University. |
Ernest Dunn |
Mr. Ernest L. Dunn is Vice President - Production of Weatherford International Ltd. During his 40 years of service with the Company, he has held a variety of positions in sales and management, including most recently, Global Business Unit Manager for Reciprocating Rod Lift, North America Business Unit Manager for Production Systems, and U.S. Operations Manager for Wholesale Operations. |
Peter Levens |
Mr. Peter J. Levens is Vice President - Asia and Russia of Weatherford International Ltd., since January 2013. Mr. Levens joined Weatherford in 1980 and has held various positions within the Company, including Vice President - Asia Pacific Region, Director of Drilling Tools and Intervention for the Western Hemisphere and product line and regional management positions. Mr. Levens completed his schooling at Onslow College Wellington New Zealand. |
Lance Marklinger |
Mr. Lance R. Marklinger is Vice President - Well Construction and Completion of Weatherford International Ltd. Mr. Marklinger joined the Company in January 2010 and was appointed Vice President - Russia Region in November 2010, following a role as Well Services Group Manager. Prior to joining Weatherford, Mr. Marklinger was employed by Dowell and Schlumberger Ltd. from July 1993 to January 2010 in various management positions, including General Director and Vice President of Marketing of PetroAlliance, Vice President of Sales and Marketing US Land, and Operations Manager Russia. He is a graduate of the Southern Alberta Institute of Technology with an associate’s degree in Petroleum Engineering. |
James Parent |
Mr. James C. Parent is Vice President - Tax of Weatherford International Ltd., since July 2012. Prior to that time, Mr. Parent was Vice President of Tax Reporting for Tyco International from 2006 until he joined Weatherford in 2012. From 1993 to 2006, Mr. Parent worked for PricewaterhouseCoopers in various capacities, including Tax Director. Mr. Parent holds a bachelor’s degree from the University of Connecticut, a master’s degree in taxation from the University of Hartford and a Juris Doctor from the University of Connecticut School of Law. |
Paul Timmins |
Mr. Paul Timmins is Vice President - Formation Evaluation of Weatherford International Ltd., since January 2013. Mr. Timmins joined the Company in 2005, when Company acquired Precision Drilling, as Vice President of Drilling Services. Mr. Timmins has 26 years of industry experience and has held numerous management positions with Dresser, Halliburton and Precision. He holds a degree in Petroleum Geology from the University of Aberdeen. |
Samuel Bodman |
Dr. Samuel W. Bodman, III, is no longer Independent Director of Weatherford International Ltd., effective June 20, 2013. He was the United States Secretary of Energy from January 2005 to January 2009, Deputy Secretary of the Treasury from February 2004 to January 2005, and Deputy Secretary of Commerce from June 2001 to February 2004. Prior to that time, Dr. Bodman was chairman, chief executive officer and director of Cabot Corporation, a global producer of specialty chemicals and materials. Dr. Bodman is currently a director of Hess Corporation (an exploration and production company) and AES Corporation (a global power company), and also serves as a trustee of Cornell University and the Massachusetts Institute of Technology. During the past five years, Dr. Bodman was also director of E.I. duPont de Nemours and Company (a science-based products and services company). Dr. Bodman received a B.S. in Chemical Engineering from Cornell University and Sc.D. from the Massachusetts Institute of Technology. |
Nicholas Brady |
Mr. Nicholas F. Brady is Independent Director of Weatherford International Ltd., since January 21, 2004. Mr. Brady has been the Chairman of Darby Overseas Investments, Ltd., an investment firm, since 1994. Mr. Brady is Chairman of Franklin Templeton Investment Funds, an international investment management company, and a director of Hess Corporation and Holowesko Partners Ltd., a registered investment advisor. Mr. Brady is a former Secretary of the United States Department of the Treasury (1988-1993), a former Chairman of the Board of Dillon Read & Co. Inc. (1970-1988) and a former Chairman of Purolator, Inc. (1971-1987). Mr. Brady also represented the state of New Jersey as a member of the United States Senate (1982). Mr. Brady holds a B.A. from Yale University and an M.B.A. from Harvard Business School. During the past five years, Mr. Brady also was a director of C2, Inc., Templeton Emerging Markets Investment Trust PLC and Templeton Capital Advisors Ltd., and director or trustee, as the case may be, of a number of investment companies in the Franklin Templeton Group of Funds. |
David Butters |
Mr. David J. Butters is Independent Director of Weatherford International Ltd. Mr. Butters has been Chairman, President and Chief Executive Officer of Navigator Holdings, Ltd., an international shipping company the principle business of which is the transport of liquefied petroleum gas, since September 2008 and has been Chairman and President of Navigator Holdings since August 2006. From 1969 to September 2008, Mr. Butters was a Managing Director of Lehman Brothers Inc., an investment banking company. In addition to serving as Chairman of the Board of Gulfmark Offshore, Inc., Mr. Butters is also Chairman of the Board of Directors of ACOL Tankers Ltd., a privately held oil tanker company. Mr. Butters holds a B.S. from Boston College and an M.B.A. from Columbia University Business School. |
John Gass |
Mr. John D. Gass is Independent Director of Weatherford International Ltd. He is a retired Vice President of Chevron Corporation and President of Chevron Gas and Midstream, a position he held from 2003 until his retirement in 2012. Mr. Gass joined Chevron in 1974 and over the next 38 years held positions of increasing responsibility both domestically and abroad, in engineering, operations and executive management. Mr. Gass has been a director of Southwestern Energy Company since November 2012. Mr. Gass received a bachelor’s degree in civil engineering from Vanderbilt University and a master’s degree in civil engineering from Tulane University. He serves on the Board of Visitors for the Vanderbilt School of Engineering and is on the advisory board for the Vanderbilt Eye Institute. He is a member of the American Society of Civil Engineers and the Society of Petroleum Engineers. |
William Macaulay |
Mr. William E. Macaulay is Independent Director of Weatherford International Ltd., since 1998. Mr. Macaulay is the Chairman and Chief Executive Officer of First Reserve Corporation. He has been with First Reserve, a private equity investment firm focused on the energy industry, since 1983. Mr. Macaulay is responsible for supervision of all aspects of the firm’s investment program and strategy, as well as overall management of the firm. Mr. Macaulay served as a director of Weatherford Enterra from October 1995 to May 1998.Mr. Macaulay also served as Director of Corporate Finance for Oppenheimer & Co., Inc., where he worked from 1972 to 1982. Mr. Macaulay holds a B.B.A. from City College of New York and an M.B.A. from the Wharton School of the University of Pennsylvania. Currently, Mr. Macaulay serves as Chairman of Dresser-Rand Group, Inc., a supplier of compression and turbine equipment to the oil, gas, petrochemical and industrial process industries, and is a director of Glencore International plc, a multinational mining and commodities trading company headquartered in Baar, Switzerland. Previously, Mr. Macaulay served as Chairman of the Board of Foundation Coal Holdings, Inc., a coal company, and as a director of Dresser, Inc., a provider of equipment and services in global energy infrastructures, National Oilwell Varco, an international provider of drilling systems and associated services to the oil and gas exploration and production industry, and Pride International, a contract drilling and related services company. |
Robert Moses |
Mr. Robert K. Moses, Jr., is Independent Director of Weatherford International Ltd., since 1998. Mr. Moses has been a private investor, principally in the oil and gas exploration and oilfield services business in Houston, Texas, for more than the past five years. He served as Chairman of the Board of Directors of Weatherford Enterra from May 1989 to December 1992 and as a director of Weatherford Enterra from December 1992 to May 1998. Mr. Moses holds a B.A. in Economics from the University of Texas at Austin. |
Guillermo Ortiz Martinez |
Dr. Guillermo Ortiz Martinez is Independent Director of Weatherford International Ltd., since June 23, 2010. Dr. Ortiz is Chairman of Banorte, Mexico and served as Governor of the Bank of Mexico from 1998 until 2009, and as Chairman of the Board of the Bank for International Settlements (BIS) in 2009. He previously served as Secretary of Finance and Public Credit in Mexico, from 1994 to 1998. Dr. Ortiz was also Executive Director at the International Monetary Fund and is a director of several international non-profit organizations. Dr. Ortiz holds a B.A. in Economics from the National Autonomous University of Mexico and both a M.Sc. and a Ph.D. in Economics from Stanford University. |
Emyr Parry |
Sir Emyr Jones Parry is Independent Director of Weatherford International Ltd., since June 23, 2010. Sir Emyr has been the President of the University of Aberystwyth, located in Wales, since 2008, Chairman of the All Wales Convention, a body established by the Welsh Assembly Government to review Wales’s constitutional arrangements, since 2007, Chairman of Redress, a human rights organization, and Chairman of the Corporate and Social Responsibility External Advisory Group of First Group plc, a transport operator, since 2008. Sir Emyr previously held numerous diplomatic positions, including UK Permanent Representative to the UN from 2003 to 2007 and UK Ambassador to NATO from 2001 to 2003, after specializing in European Union affairs including energy policy. Sir Emyr received a B.S. in Theoretical Physics from the University of Cardiff and a Ph.D. in Polymer Physics from the University of Cambridge. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Bernard Duroc-Danner |
7,177,380 |
Robert Rayne |
-- |
John Briscoe |
3,334,470 |
Peter Fontana |
9,550,970 |
Dharmesh Mehta |
4,368,860 |
William Jacobson |
2,796,830 |
Joseph Henry |
-- |
Nicholas Gee |
5,196,950 |
Antony Branch |
-- |
Edgar Chapman |
-- |
Ernest Dunn |
-- |
Peter Levens |
-- |
Lance Marklinger |
-- |
James Parent |
-- |
Paul Timmins |
-- |
Samuel Bodman |
-- |
Nicholas Brady |
-- |
David Butters |
-- |
John Gass |
-- |
William Macaulay |
-- |
Robert Moses |
-- |
Guillermo Ortiz Martinez |
-- |
Emyr Parry |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Bernard Duroc-Danner |
1,162,676 | 30,445,690 |
Robert Rayne |
0 | 0 |
John Briscoe |
0 | 0 |
Peter Fontana |
0 | 0 |
Dharmesh Mehta |
0 | 0 |
William Jacobson |
0 | 0 |
Joseph Henry |
0 | 0 |
Nicholas Gee |
0 | 0 |
Antony Branch |
0 | 0 |
Edgar Chapman |
0 | 0 |
Ernest Dunn |
0 | 0 |
Peter Levens |
0 | 0 |
Lance Marklinger |
0 | 0 |
James Parent |
0 | 0 |
Paul Timmins |
0 | 0 |
Samuel Bodman |
0 | 0 |
Nicholas Brady |
0 | 0 |
David Butters |
0 | 0 |
John Gass |
0 | 0 |
William Macaulay |
0 | 0 |
Robert Moses |
0 | 0 |
Guillermo Ortiz Martinez |
0 | 0 |
Emyr Parry |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MACAULAY WILLIAM E |
240,000 | $9.19 |
MACAULAY WILLIAM E |
240,000 | $13.19 |
MEHTA DHARMESH |
1,824 | $12.74 |
JACOBSON WILLIAM B |
11,502 | $12.04 |
GEE NICHOLAS WILDING |
97 | $12.15 |
JACOBSON WILLIAM B |
165 | $12.15 |
FONTANA PETER THOMAS |
5,175 | $0.00 |
TIMMINS PAUL |
1,101 | $0.00 |
GEE NICHOLAS WILDING |
3,175 | $0.00 |
GEE NICHOLAS WILDING |
915 | $12.14 |
DUNN ERNEST L |
285 | $12.14 |
TIMMINS PAUL |
292 | $12.14 |
HENRY JOSEPH C |
2,769 | $0.00 |
MEHTA DHARMESH |
923 | $12.14 |
DUROC DANNER BERNARD J |
9,632 | $0.00 |
HENRY JOSEPH C |
758 | $12.14 |
DUNN ERNEST L |
1,076 | $0.00 |
JACOBSON WILLIAM B |
4,222 | $0.00 |
JACOBSON WILLIAM B |
1,437 | $12.14 |
DUROC DANNER BERNARD J |
3,372 | $12.14 |
MEHTA DHARMESH |
3,373 | $0.00 |
MEHTA DHARMESH |
8,443 | $11.52 |
GEE NICHOLAS WILDING |
10,804 | $11.52 |
HENRY JOSEPH C |
4,633 | $11.52 |
JACOBSON WILLIAM B |
10,948 | $11.52 |

