8-KFiled Sep 3, 8:00 PM ET
Weatherford International: Chief Accounting Officer Resigns; Successor Named
$WFRD · Weatherford International plcResearch Summary
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Weatherford International: Chief Accounting Officer Resigns; Successor Named
What Happened
- Weatherford International plc filed an 8-K (Item 5.02) reporting that Desmond Mills notified the company on September 2, 2026 that he will resign as Senior Vice President and Chief Accounting Officer effective October 16, 2026 to pursue another opportunity.
- The company announced that, effective October 16, 2026, Maximiliano Kricorian (age 50) will assume the role of Senior Vice President and Chief Accounting Officer.
Key Details
- Filing date: September 4, 2026 (Form 8-K, Item 5.02).
- Resignation notice: Desmond Mills notified Weatherford on September 2, 2026; resignation effective October 16, 2026.
- Successor background: Maximiliano Kricorian has worked at Weatherford for over 13 years; most recently Senior Vice President and Treasurer (since Jan 2026). Prior roles include VP & Treasurer (Aug 2022–Jan 2026), Assistant Treasurer (May 2021–Aug 2022) and various senior finance/controller positions. He is a Certified Public Accountant and began his career as an auditor at PricewaterhouseCoopers.
- Governance disclosures: No family relationships between Mr. Kricorian and any Weatherford director or executive officer; no related-party transactions or special arrangements were reported.
Why It Matters
- This is an executive leadership change in Weatherford’s accounting and finance leadership. Investors should note the timing (transition effective Oct 16, 2026) and that the successor is an internal candidate with extensive finance, treasury and controllership experience at Weatherford and CPA credentials. The filing contains no disclosures of related-party issues or special appointment arrangements.