Premier Oil PLC Appointment of Iain Macdonald (7305T)
01 April 2016 - 2:15AM
UK Regulatory
TIDMPMO
RNS Number : 7305T
Premier Oil PLC
31 March 2016
Premier Oil plc (the "Company")
Board Changes
Premier is pleased to announce that Iain Macdonald will join the
Company's Board as an independent Non-Executive Director and member
of the Audit & Risk Committee with effect from 1 May 2016. Iain
Macdonald will stand for election by shareholders at the
forthcoming Annual General Meeting to be held on 11 May 2016.
Iain spent 30 years at BP in a variety of engineering,
licensing, business management and finance roles culminating in 3
years as Deputy Group CFO for BP plc. On leaving BP, in 2010, Iain
joined North Sea Oil and Gas independent, Fairfield Energy plc as
CFO where he served until 2014. He was a Non-Executive Director of
TNK-BP Ltd from 2009 to 2011 and became a Non-Executive director of
Skills For Health Ltd in 2013, a role that he continues to hold
today. Iain is currently a Non-Executive Director and Chairman of
the Audit Committee at SUEK PLC. He is also a Fellow of the
Institution of Chemical Engineers.
David Lindsell, currently Chairman of Premier's Audit & Risk
Committee, will stay on the Board and act as Chairman of the Audit
& Risk Committee throughout the forthcoming external audit
tender process, which is likely to take place in the fourth quarter
of this year. Iain Macdonald will take on the role of Chairman of
the Audit & Risk Committee upon the retirement of David
Lindsell, which is anticipated to be at the Company's 2017 Annual
General Meeting.
Mike Welton, Chairman, commented:
"I am delighted to welcome Iain to the Board and am absolutely
confident that his experience and skills will be of enormous value
to the Board and the Company as a whole."
Enquiries:
Premier Oil plc
Tony Durrant, CEO
Tel: 020 7730 1111
Bell Pottinger
Gavin Davis
Henry Lerwill
Tel: 0203 772 2500
Additional information
No other information is required to be disclosed in relation to
the appointment of Iain Macdonald pursuant to paragraph 9.6.13R of
the FCA's Listing Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOALLFLLVRILVIR
(END) Dow Jones Newswires
March 31, 2016 11:15 ET (15:15 GMT)
Harbour Energy (LSE:HBR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Harbour Energy (LSE:HBR)
Historical Stock Chart
From Jul 2023 to Jul 2024