Liquefied Natural Gas Ltd (LNG Ltd) has announced that Gregory Vesey has been appointed Managing Director and CEO of the company. Vesey, who will succeed Maurice Brand, will begin his new role on 4 April 2016. Brand will continue to serve as an Executive Director, until his eventual retirement by June 2017.
Vesey previously served at Chevron for 35 years, where his responsibilities most recently included the company’s global gas marketing and trading activity, including LNG development. He has served in a number of senior capacities, including as President of Chevron Natural Gas & Vice President Gas Supply and Trading from 2011 to 2015, where he was responsible for Chevron’s global LNG, natural gas and natural gas liquids (NGL) marketing and trading activity. Previously, he also served as the President of Chevron Global Power Co., as well as the President of Chevron Technology Ventures.
Upon his appointment, Vesey said: “While the LNG industry is under pressure in the short-term, the LNGL business model of mid-scale LNG projects using its wholly owned OSMR® Technology combined with its portfolio of projects in Magnolia LNG, Bear Head LNG and Fisherman’s Landing LNG enables the company to be successful globally. I look forward to working with Maurice, the LNGL staff and board, and to meeting our shareholders, strategic partners and current and potential customers in the months ahead.”
Edited from press release by David Rowlands
Read the article online at: https://www.lngindustry.com/liquefaction/04042016/lng-ltd-appoints-new-managing-director-and-ceo-2214/