Weatherford appoints Arun Mitra as EVP and CFO effective Jan 3, 2023

Weatherford International plc

Appointed Arun Mitra as EVP and CFO effective Jan 3, 2023.
Base salary $525K; STI target at 90% of base; 2023 LTI equity award of $1.73M.
One-time PSU award of 40,000 shares tied to share price targets by Dec 31, 2024.
Cash sign-on bonus of $410,000 payable March 2023, subject to clawback within 12 months.
Prior role: CFO of Mitsubishi Power Americas (2014-2022), led profitable growth in Americas region.

item 5.02 item 7.01 item 9.01

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Appointed

Arunava Mitra

Executive Vice President and Chief Financial Officer

WFRD · Weatherford International plc

Effective: 2023-01-03
Filed: January 3, 2023, 6:59 PM ET

the appointment of Arunava Mitra, 50, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective January 3, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Arunava Mitra was appointed as Executive Vice President and Chief Financial Officer at Weatherford International plc.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the appointment of Arunava Mitra, 50, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective January 3, 2023.

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Source: SEC EDGAR

accession 0001603923-23-000002

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