CEO Retires as Drilling Contractor Exits Chapter 11
Diamond Offshore reported Monday that it has emerged from Chapter 11 bankruptcy after completing a financial reorganization. Diamond Offshore Drilling, Inc. (OTCMKTS: DOFSQ) reported Monday that it, along with its debtor affiliates, emerged from Chapter 11 bankruptcy on April 23, 2021, after successfully completing a financial reorganization In addition, Marc Edwards has retired as the drilling contractor’s chairman, president, and CEO effectively immediately and that Executive Vice President...
Source: rigzone.com