Weatherford Names Dr. Bernard J. Duroc-Danner as Chairman Emeritus

BAAR, Switzerland, Nov. 16, 2016

After founding the Company almost 30 years ago and growing Weatherford into one of the leading oilfield service providers today, the Board owes much gratitude to Bernard for his vision and leadership. Commenting on the appointment, Mr. Robert Rayne, Chairman of the Board, said "Given Bernard's deep and unique knowledge of Weatherford, his established and long-term customer relationships as well as his vast industry and business experience, his new role will help provide continuity and facilitate a smooth leadership transition. We believe this designation is beneficial to Weatherford as we collectively move forward. On behalf of myself and the Board of Directors, we would like to personally thank Bernard for his continued support and commitment."         

About Weatherford

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 100 countries and has a network of approximately 1,000 locations, including manufacturing, service, research and development, and training facilities and employs approximately 31,000 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedIn, Twitter, YouTube and Facebook.

Contacts:		Krishna Shivram	+1.713.836.4610 ARIVA.DE Börsen-Geflüster Werbung Weiter aufwärts? Kurzfristig positionieren in Weatherford International ME8RF5 Ask: 2,05 Hebel: 7,25 mit moderatem Hebel Zum Produkt Morgan Stanley Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie hier: ME8RF5,. Beachten Sie auch die weiteren Hinweise zu dieser Werbung. Der Emittent ist berechtigt, Wertpapiere mit open end-Laufzeit zu kündigen. Kurse Weatherford International 117,63 $ +2,20%
		Chief Executive Officer and Chief Financial Officer
		Karen David-Green	+1.713.836.7430
		Vice President – Investor Relations, Corporate Marketing and Communications

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SOURCE Weatherford International plc