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OFS - Weatherford COO takes over CEO duties; three directors ousted - July 2020

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Weatherford International’s plan to divide interim CEO responsibilities across two people lasted a bit over a week. EVP and COO Karl Blanchard will take over those duties until the appointment of a permanent president and CEO. The company is also rebuilding its board of directors after stockholders rejected the re-election of three members. When CEO Mark McCollum left the company June 7, Weatherford said Blanchard would share CEO responsibilities with EVP and CFO Christian......
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