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Archer Limited Announces CEO Resignation

22/03/2019

Archer Limited announces that CEO John Lechner has resigned from his position, effective immediately. He will remain as a senior advisor to the Archer leadership team during the transition period until a new CEO is appointed. During the interim period, Archer Chairman Kjell-Erik Østdahl will assume the role of Executive Chairman. Archer’s strategy remains intact and the process of finding a new CEO has begun.

Kjell-Erik Østdahl comments:  
“On behalf of the Board of Directors, I would like to thank John for his leadership through a challenging period for the global oilfield service industry. I appreciate John’s contribution to Archer and wish him all the best in the future.”

KeyFacts Energy Industry Directory: Archer

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