leadership
confidence high
sentiment neutral
materiality 0.50
Vantage Drilling appoints Rafael Blattner as CFO; Douglas Stewart remains GC and CCO
VANTAGE DRILLING INTERNATIONAL
- Rafael Blattner appointed CFO effective Aug 1, 2023; succeeds Douglas Stewart who resigned as CFO but continues as GC, CCO and Corporate Secretary.
- Blattner, with company since 2013, most recently VP of Corporate Development & MD Managed Rigs Services.
- New employment agreement: base salary $375,000, target annual bonus of 75% of base ($281,250), and severance provisions.
- Severance: one times base plus target bonus in qualifying termination; up to one times base plus average bonus on change of control.
- Non-compete and non-solicit obligations during employment and for one year thereafter.