Schiller

Energy XXI’s Schiller Fined, Barred as Officer, Director at Public Company for Five Years

Former Energy XXI Ltd. CEO John D. Schiller Jr., who was ousted after the board determined he had hidden $10 million in loans to finance a lavish lifestyle, has agreed to pay a $180,000 fine and will not be allowed to serve as an officer or director for any public companies following an investigation by the Securities and Exchange Commission (SEC).

July 18, 2018