Archer's Board of directors announced appointment of John Lechner as Chief Executive Officer and Dag Skindlo as Director effective immediately. Mr. Lechner has more than thirty years of experience in international oilfield services and replaces Mr. David King, who has been Archer's CEO since July 2013. Mr. Lechner joined Archer in 2012 and has held positions as President North Sea Region since July 2013 and President Eastern Hemisphere since January 2016.

Mr. Skindlo will in addition to being a Director hold the position as CFO and EVP Strategy.