Ensco plc announced that EVP & CFO Jay Swent, 64, will be retiring after more than 11 years of service. Mr. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named. The completion of the succession process may extend into the first half of next year.
“Jay has been integral to Ensco’s major achievements over the past decade as the company has grown to become an industry leader,” said CEO and President Carl Trowell. “We congratulate Jay on his successful career, and wish him and his family all the best as they plan for his upcoming retirement.”