Thomas Burke is a seasoned executive who served as the President and CEO of Valaris Limited, one of the largest offshore drilling companies in the world. He took on this role after the significant Rowan transaction, bringing crucial experience from...
Thomas Burke is a seasoned executive who served as the President and CEO of Valaris Limited, one of the largest offshore drilling companies in the world. He took on this role after the significant Rowan transaction, bringing crucial experience from managing large-scale operations. Burke has been actively involved in the oil industry for years, demonstrating a strong background in management, especially during challenging market times. His total compensation in 2021 was roughly $18.5 million, largely due to his vested stock units during his transition out of the company. Although he stepped down in September 2021, Burke's leadership helped navigate Valaris through a transformative period in the oil and gas sector. His tenure saw the company managing major financial changes and adapting to market pressures while maintaining safety and performance metrics. Notably, Burke's personal investments in Valaris have seen considerable growth, peaking at over $44 million in early 2023, reflecting confidence in the company's recovery and strategic direction. Along with his responsibilities at Valaris, he has held positions in multiple industry boards, showcasing his commitment to advancing offshore drilling innovation and safety standards.