Weatherford International PLC (NYSE:WFT) Announces New Director


Weatherford International PLC (NYSE:WFT) reported that Angela A. Minas is appointed as a new member of its Board of Directors. Minas brings executive leadership, management consulting and financial experience of over 30 years to the company. She has served as the CFO of Constellation Energy Partners LLC and DCP Midstream Partners LP as well as lead associate for Arthur Andersen’s North American oil & gas consulting practice.

The buzz

Weatherford International reported that Minas has served on the boards of different public firms. She is currently associated with the Council of Overseers at the renowned Rice University Graduate Business School. Now, on her new role, she will serve on the Health, Safety & Environment Committee as well as on the Audit Committee.

Mark A. McCollum, the Chief Executive Officer and President of Weatherford, expressed that Minas boasts extensive experience in the energy market. This experience along with her deep knowledge of accounting and finance, business and consulting transformation will benefit the company. Her passion, insight and integrity will be extremely valuable as they work on firm’s transformation.

Weatherford International have charted the course for its future, and for that it has strengthened their focus on their customers. Without clients, it is not possible to achieve success, and that’s why customers remain essential partners in company’s success. The transformation will make Weatherford a more profitable firm and also benefit customers as the company will become a stronger entity and a more competitive force in the market of oilfield services.

With the new structure, procedures and processes, the company can enhance the consistency and quality of its services and products, advance value-added technologies, and associate more closely with clients to seek solutions that address existing challenges. Weatherford customers appreciates the company’s collaborative approach as well as the services and technologies it offers.


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