お知らせ • Apr 09
Tullow Oil plc Announces Appointment of Four Independent Non-Executive Directors and Board Committee Changes, Effective April 8, 2026
Tullow Oil plc announced the appointment of four new Independent Non-Executive Directors (INEDs) to its Board of Directors. The appointees are: Henry Steel, an investment professional with a career spanning corporate finance, listed equities and natural resources investing, co-founder and Chief Investment Officer of Globe12, established in 2024, previously spent eight years at Odey Asset Management as Fund Manager for the Odey Concentrated Natural Resources Fund, and started his career at Rio Tinto where he was promoted to Special Adviser to the Head of Business Development focusing on mergers and acquisitions (M&A), strategy and project finance; Garrett Soden, President and Chief Executive Officer (CEO) of ShaMaran Petroleum Corp., with almost 20 years of experience with the Lundin Group, extensive experience as a senior executive and board member of various public companies in the natural resources sector, including M&A, turnarounds and restructurings, previously Chairman of Africa Energy Corp. and served as President and CEO during the company's deepwater gas condensate discoveries offshore South Africa, and held Non-Executive Director roles with oil and gas companies focused on Africa or listed in London, including Panoro Energy, Gulf Keystone Petroleum and Phoenix Global Resources; Euan Shirlaw, CEO of BlueNord ASA, joined the company in 2019 as Chief Financial Officer following its acquisition of Shell's Danish upstream assets and was appointed CEO in 2021, led BlueNord through a period of significant transformation and has extensive experience managing complex capital structures, having overseen the raising, refinancing and amendment of several billion dollars of debt, and previously spent over a decade in oil and gas investment banking, advising on M&A and financing transactions at Rothschild, RBC Capital Markets, Credit Suisse and BMO Capital Markets; and James Peterkin, CEO of Kirk Lovegrove & Co Ltd, with over 30 years of experience in oil and gas investment banking with significant cross-border expertise, previously Head of EMEA Energy Investment Banking at Credit Suisse International where he was also Vice Chairman of the European Investment Banking Committee, Co-Head of EMEA Oil and Gas at Barclays, and held senior positions at Citigroup and Schroders Investment Banking. The appointment of Henry Steel is with effect from April 8, 2026, and the appointments of Garrett Soden, Euan Shirlaw and James Peterkin are conditional upon the successful completion of the Company's refinancing transaction, expected to close April 24, 2026, and will thereafter become effective on May 1, 2026. The INEDs will be subject to election by shareholders at the Annual General Meeting in June. With the appointment of the new INEDs, Tullow will reconstitute the composition of its Board Committees as follows: Senior Independent Director: Henry Steel; Audit Committee: Garrett Soden as Chair and Rebecca Wiles and Henry Steel as members; Nominations Committee: Roald Goethe as Chair and Rebecca Wiles as a member; Remuneration Committee: Rebecca Wiles as Chair and Euan Shirlaw as a member; M&A Committee: Euan Shirlaw as Chair and Garrett Soden, James Peterkin and Richard Miller as members. Roald Goethe has been appointed acting interim Chair of the Audit Committee until Garrett Soden is appointed to the Board, at which time Roald Goethe will step down from the Audit Committee. Roald Goethe has been appointed interim member of the Remuneration Committee until Euan Shirlaw is appointed to the Board, at which time Roald Goethe will step down from the Remuneration Committee. The M&A committee is a dedicated board sub-committee to oversee a disciplined process for value-maximisation from the Company's asset base.