Today, John Roche joins Province as our newest Principal. He will be based in London.
Mr. Roche has 22 years of cross-border experience in investment banking, investment management and as a corporate executive, mainly focused on the oil and gas sector. As an executive for offshore drilling companies for the better part of the last decade, Mr. Roche has been part of leadership teams through periods of growth, transition and restructuring and has worked on complex Chapter 11 cases, financings, M&A and operational restructurings.
Prior to joining Province, Mr. Roche was Managing Director and Chief Commercial Officer of Aquadrill LLC. As part of the executive team, Mr. Roche was also involved in establishing and running a newly independent offshore drilling company. Reflective of the successful execution of the management team, the company was sold in a transaction exceeding $1 billion in April 2023.
Previously, Mr. Roche was Chief Executive Officer and Director of Seadrill Partners. During his tenure, nearly $3 billion of liabilities were restructured through Chapter 11 processes. In addition, new operational service agreements were designed and implemented with reputable counterparties. Mr. Roche also led the negotiations and structuring of a global settlement that facilitated the establishment of Seadrill Partners as an independent company, renamed Aquadrill LLC.
Before joining Seadrill Partners, Mr. Roche was part of the Investment Banking Division at Morgan Stanley in its New York and London offices covering the Global Oilfield Services industry. Mr. Roche’s career at Morgan Stanley also included positions in the Investment Management Division responsible for the Energy, Basic Materials and Utilities sectors.
Mr. Roche lives in London with his family, graduated from Boston College with a degree in finance and is a CFA Charterholder.