secwatch.observer — SEC 8-K summary
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Issuer:     VANTAGE DRILLING INTERNATIONAL (—)
CIK:        0001465872
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0000950170-23-038522
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Vantage Drilling appoints Rafael Blattner as CFO; Douglas Stewart remains GC and CCO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465872/000095017023038522/0000950170-23-038522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465872/000095017023038522/ck0001465872-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-038522

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer