Noble CEO Julie Robertson leaves her post

  • Push-out Score determined
  • After about two years in the position
  • Praise and thanks for Robertson
  • Robert Eifler taking over
  • Robertson will remain as Executive Chairman at Noble
  • Robertson spoke at length and said 156 words

(exechange) — London, United Kingdom, February 19, 2020 — Julie Robertson, chief executive of Noble, leaves her position. As announced by Noble Corp. in a news release on Wednesday, February 19, 2020, Julie J. Robertson leaves her post as chief executive officer at the offshore drilling contractor for the oil and gas industry after about two years in the role, effective at the close of the Company’s next annual general meeting of shareholders.

Julie Robertson’s duties as CEO will be taken over by Robert W. Eifler, currently Senior Vice President, Commercial of Noble Corp.

“Now is the right time”

Julie Robertson’s departure from the CEO post is explained as follows. Robertson said: “The Board and I are confident that now is the right time to transition leadership responsibilities to the next generation of talent.”

Robertson will remain as Executive Chairman at Noble

“At the close of the Company’s next annual general meeting of shareholders, Julie J. Robertson will resign as President and Chief Executive Officer, and will take on the newly created role of an executive Chairman of the Company’s Board of Directors,” Noble said.

Share price decline

The announcement follows a decline in Noble Corp.’s share price of 84% since January 2018.

In the position of CEO since 2018

Julie Robertson became CEO of the Company in 2018.

Julie J. Robertson was named Chairman of the Board, President and Chief Executive Officer of the Company in January 2018.

Previously, Robertson served as Executive Vice President of the Company from February 2006 and as Senior Vice President – Administration from July 2001 to February 2006.

Robertson also served continuously as Corporate Secretary of the Company from December 1993 until assuming the Chairman’s role in January 2018.

Robertson has also served as Vice President – Administration of Noble Drilling from 1996 to July 2001 and as Vice President – Administration of Noble Drilling Services Inc., beginning in 1994.

From 1989 to 1994, Robertson served consecutively as Manager of Benefits and Director of Human Resources for Noble Drilling Services Inc.

Prior to 1989, Robertson served consecutively in the positions of Risk and Benefits Manager and Marketing Services Coordinator for a predecessor subsidiary of Noble, beginning in 1979.

In December 2018, Robertson joined the board of directors of EOG Resources, Inc., a public oil and natural gas exploration and production company.

Push-out Score determined

The Push-out Score™ determined by exechange gauges the pressure surrounding the management change on a scale of 0 to 10.

exechange reached out to Noble and offered the company the opportunity to comment on the score.

Read the full story in the exechange report 8.2020 ($).