Keep Your Eyes on Stock News: Valaris plc (NYSE:VAL)

On Tuesday Valaris plc (NYSE:VAL) traded with change of -3.63% on volume of 6140336 shares in the last session as compared to average volume of 5882568 shares. During last trade its minimum price was $4.14 and it gained highest price of $4.59. VAL has total market capitalization of $840977675. Its closing value stands at $4.25.

On Nov. 26, 2019, Valaris plc (NYSE:VAL) disclosed that, in connection with the Board’s ongoing refreshment program, Frederick Arnold has been appointed to the Valaris Board of Directors, effective immediately.

Mr. Arnold has 40 years of experience, including serving in several senior financial leadership positions at global organizations. Mr. Arnold spent over 20 years as an investment banker advising clients on matters of corporate finance, including capital markets transactions, capital structure optimization and mergers and acquisitions across various markets and geographies. He also served in various financial leadership positions at Capmark Financial, Masonite International and Willis Group Holdings, and was most recently Chief Financial Officer of Convergex Group, LLC, where he was responsible for capital allocation and financial operations.

William E. Albrecht, Independent Lead Director of the Board, said, Fred brings to Valaris an extraordinary breadth and depth of experience in equity and debt capital markets, operations and governance from his 40-year career in international investment banking and other finance roles, including serving as Chief Financial Officer for multiple companies. He has a long track record of navigating complex industry dynamics and driving financial performance, and we believe that Valaris will benefit significantly from Fred’s substantial experience as we continue our efforts to enhance value for all of our shareholders.

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