Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 23, 2022, Vantage Drilling International (the "Company") was
informed by Mr. Richard B. Aubrey III of his decision to resign from the board
of directors (the "Board") of the Company, effective February 20, 2022. This
decision was not related to a disagreement with the Company on any matter
relating to its operations, policies or practices.
In connection with the foregoing, on February 24, 2022, the Board exercised its
authority pursuant to the Company's memorandum and article of association, and
elected Mr. Manuel A. Garcia to fill the vacancy resulting from said
resignation, effective immediately, to hold office until the next annual general
meeting of shareholders of the Company or until his successor, if any, is duly
elected and qualified.
Mr. Garcia is currently a Managing Director of Anchorage Capital Group, L.L.C.
("Anchorage") and has been with the firm since 2019. Mr. Garcia is responsible
for the firm's investments across various sectors, including Industrials and
Financials. In addition, he is a member of the firm's Research Review Committee.
Prior to joining Anchorage, Mr. Garcia was a Partner at Gladwyne Investments in
London. Before that, Mr. Garcia was a Managing Director of Goldman Sachs, where
he spent 14 years in various investing roles in London and New York. Mr. Garcia
received a B.A. in Economics from Harvard University where he graduated magna
cum laude. Mr. Garcia served on the board of directors of Chemical
Transportation Group, Inc. from 2020 to 2021, and has served on the board of
directors of Product Tankers Holdco LLC since 2020.
Mr. Garcia does not have any family relationships with any of the Company's
directors or executive officers, and he is not a party to any transactions
listed in Item 404(a) of Regulation S-K.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
VANE DRIL 