UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): May 7, 2020
Valaris plc
(Exact name of registrant as specified in its charter)
England and Wales | 1-8097 | 98-0635229 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
110 Cannon Street
London, England EC4N6EU
(Address of Principal Executive Offices and Zip Code)
Registrant’s telephone number, including area code: 44 (0) 20 7659 4660
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Ticker Symbol(s) | Name of each exchange on which registered | |
Class A ordinary shares, U.S. $0.40 par value | VAL | New York Stock Exchange | |
4.70% Senior Notes due 2021 | VAL21 | New York Stock Exchange | |
4.50% Senior Notes due 2024 | VAL24 | New York Stock Exchange | |
8.00% Senior Notes due 2024 | VAL24A | New York Stock Exchange | |
5.20% Senior Notes due 2025 | VAL25A | New York Stock Exchange | |
7.75% Senior Notes due 2026 | VAL26 | New York Stock Exchange | |
5.75% Senior Notes due 2044 | VAL44 | New York Stock Exchange | |
4.875% Senior Note due 2022 | VAL/22 | New York Stock Exchange | |
4.75% Senior Note due 2024 | VAL/24 | New York Stock Exchange | |
7.375% Senior Note due 2025 | VAL/25 | New York Stock Exchange | |
5.4% Senior Note due 2042 | VAL/42 | New York Stock Exchange | |
5.85% Senior Note due 2044 | VAL/44 | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined by Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging Growth Company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On May 7, 2020, Valaris plc (the “Company”) was notified that, effective May 17, 2020, Tommy E. Darby, the Company’s Vice President-Finance and principal accounting officer, will resign. Colleen Grable, the Company’s Controller, will assume the responsibilities of principal accounting officer effective upon Mr. Darby’s resignation.
Ms. Grable, age 46, joined the Company in June 2014 and was appointed Controller in November 2019. Ms. Grable previously served as the Company’s Director of Corporate Accounting, Director of External Financial Reporting and Assistant Treasurer, among other financial reporting capacities. Prior to joining the Company, Ms. Grable served as the Vice President of Finance for INOVA Geophysical from 2012 to 2014 and spent nearly 15 years in the audit practice at PriceWaterhouseCoopers. Ms. Grable is a Certified Public Accountant and holds Bachelor of Business Administration and Master in Professional Accounting degrees from the University of Texas at Austin.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Valaris plc | |
Date: May 11, 2020 | /s/ Michael T. McGuinty |
Michael T. McGuinty | |
Senior Vice President and General Counsel |
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