Weatherford International has appointed Christoph Bausch as executive vice president and chief financial officer (CFO), effective 13 December 13.
Bringing many years of financial and operational management experience, Bausch joined the company in May 2016 as vice president and controller product lines.
Previous to his tenure at Weatherford, and since May 2011, he served as executive vice president and chief financial officer of Archer Ltd., an oilfield services company publicly traded in Norway on the Oslo Stock Exchange. Before his role at Archer, Bausch served as a global finance director of Transocean, after having a 20-year international career with Schlumberger, where he held senior financial positions in global and regional capacities in the US, the UAE, France, Mexico, Venezuela and Germany across a number of business segments covering operations, engineering, manufacturing and supply chain.
Bausch holds an MBA degree from the University of Mannheim, Germany.
Bausch will report directly to the chief executive officer.
"Christoph's previous experience as a public company CFO, his financial expertise, depth of knowledge in the oil and gas industry as well as leadership capabilities will further help strengthen our focus on financial discipline, cash flow generation and improved cost efficiencies,” Weatherford CEO Krishna Shivram said.