Former Schlumberger Ltd. CEO Pål Kibsgaard was appointed as the new chairman of Borr Drilling Ltd., replacing Tor Olav Trøim.
Trøim, who will now serve as deputy chairman, will remain a director, according to an Oct. 8 news release from Borr Drilling.
Kibsgaard was elected as a director of Borr Drilling during an annual general meeting in September.
