Paratus CEO steps down – CFO takes over temporarily
The energy services company Paratus announces that CEO Robert Jensen is stepping down and will also leave the board, but will remain as an adviser during a transition period. At the same time, CFO Baton Haxhimehmedi is appointed interim CEO.
ANNONS
The company is reviewing its organization after the divestment of its drilling operations and is expected to become a pure vessel company within pipelay services.
”Since he took office in 2022, Robert Jensen has led Paratus through the separation from Seadrill, the sale of the company’s stake in Archer and the agreed divestment of Fontis, while strengthening the company’s financial position through a refinancing ahead of 2024 and the listing on Euronext Oslo, as well as establishing a stable dividend model with quarterly dividends. On behalf of Paratus’ board, I want to thank Robert for his leadership and efforts throughout his time at the company. We are pleased that Baton will step in as interim CEO and we have full confidence in his ability to carry out the role”, says Mei Mei Chow, chair of the board at Paratus, in a comment.