---
schema_version: "secwatch.filing_event.v1"
accession: "0000314808-21-000107"
form_type: "8-K"
ticker: "VAL"
cik: "0000314808"
company_name: "Valaris Ltd"
filed_at: "2021-12-09T23:59:59+00:00"
generated_at: "2026-06-28T02:36:12.505848+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Valaris appoints Anton Dibowitz as permanent CEO; $950K salary plus equity grants

## Summary
- Anton Dibowitz named President and CEO effective Dec 8, 2021; had served as interim since Sept 3, 2021.
- Employment agreement includes $950,000 base salary and target annual bonus of 115% of base salary from Jan 1, 2022.
- Granted 103,304 time-based RSUs vesting in three annual installments starting July 2022.
- Target award of 486,951 performance share units with hurdles: $45-75 share price, ROCE, strategic goals; settlement in July 2024.
- Severance: two times sum of base salary and target bonus if terminated without cause or resigns for good reason.

## SEC filing metadata
- accession: 0000314808-21-000107
- form_type: 8-K
- ticker: VAL
- cik: 0000314808
- company_name: Valaris Ltd
- filed_at: 2021-12-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314808/000031480821000107/0000314808-21-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314808/000031480821000107/val-20211208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314808-21-000107
- JSON: https://secwatch.observer/filing/0000314808-21-000107.json
- Plain text: https://secwatch.observer/filing/0000314808-21-000107.txt

## Key facts
- Executive change
  Anton Dibowitz was appointed as President and Chief Executive Officer at Valaris Ltd.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On December 8, 2021, the Board of Directors (the “Board”) of Valaris Limited (the “Company”) appointed Anton Dibowitz as President and Chief Executive Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/314808/000031480821000107/0000314808-21-000107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.