On September 2, 2026, Desmond Mills resigned as Senior Vice President and Chief Accounting Officer at Weatherford International plc, effective October 16, 2026. Maximiliano Kricorian has been appointed to succeed him in the role, effective immediately upon Mr. Mills' departure. Mr. Kricorian is a Certified Public Accountant with over 13 years of service at Weatherford, most recently serving as Senior Vice President and Treasurer since January 2026. This leadership transition occurs within the oilfield services industry, where the company provides technology and equipment for drilling and well construction.

Weatherford International plc shareholders approved a scheme of arrangement to redomesticate the company from Ireland to the United States as a Delaware corporation. Voting results showed approximately 89.77% support at the Scheme Meeting and 89.70% at the Extraordinary General Meeting, with key resolutions including capital reduction and share cancellation passing overwhelmingly. The transaction requires sanction by the High Court of Ireland before closing, which is expected in the fourth quarter of 2026. Weatherford International plc operates in the oilfield services industry.

Weatherford announced second quarter 2026 results with revenue of $1,105 million, down 4% sequentially, and net income of $39 million. The company announced the acquisition of NCS Multistage in a stock-and-cash transaction and introduced an updated plan to redomesticate to Delaware to generate $20 to $30 million in annual cash savings. On July 16, 2026, the Board declared a quarterly cash dividend of $0.275 per share, payable September 3, 2026. Weatherford is a global energy services company providing drilling, well completion, and production optimization solutions.

Weatherford International plc shareholders voted to approve the Fifth Amended and Restated 2019 Equity Incentive Plan, which increases the number of ordinary shares issuable under the plan by 565,000 shares. However, the proposed redomestication from Ireland to the United States failed to receive the required 75% support threshold at the Special Court-Convened Meeting of Shareholders. The company intends to present an updated redomestication proposal to Delaware at a future meeting. Weatherford International plc is an oilfield services company.