Noble Names New Chief Financial Officer, Controller

Noble Corporation on Friday announced that James A. MacLennan , 52, has been named as Senior Vice President, Chief Financial Officer and Controller of the Company effective January 9, 2012. In his new role, MacLennan will be responsible for financial reporting, accounting, tax and treasury activities at the Company.

MacLennan previously served as Chief Financial Officer and Corporate Secretary of Ennis Traffic Safety Solutions, a leading producer of pavement marking materials, and as Executive Vice President and Chief Financial Officer of Lodgian, Inc., a publicly-traded independent owner and operator of hotels in the United States . Prior to joining Lodgian, MacLennan was Chief Financial Officer and Treasurer of Theragenics Corporation, a New York Stock Exchange-listed company that manufactures medical devices. Previously, he was Executive Vice President and Chief Financial Officer of Lanier Worldwide, Inc., a publicly-traded technical products company.

"James has a proven track record as a versatile and experienced finance executive," said David W. Williams, Chairman, President and Chief Executive Officer of the Company. "His skill and discipline in leading financial operations in multi-national companies will be of significant benefit to the Company as we continue to execute on our strategy of fleet transformation."

MacLennan spent much of his early career in financial positions of increasing responsibility in the oil and gas industry, most notably with Exxon Corporation and later with Noble Corporation. He received both graduate and post-graduate degrees from the University of the Witwatersrand in Johannesburg, South Africa and he is a Chartered Accountant.


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