Santos has released a statement claiming that Anthony Neilson has been made the company’s new Chief Financial Officer. Neilson is currently the Chief Executive Officer of Roc Oil Co. Ltd (ROC), which was acquired by Fosun International Ltd – a Hong Kong-listed investor – in 2014. Prior to this, he served as Chief Financial Officer of ROC, and has served in a number of roles in commercial, finance and business services at Caltex Australia, Credit Suisse First Boston (London) and Arthur Andersen (Sydney).
The Chief Executive Officer of Santos, Kevin Gallagher, said: “We are very pleased to have secured a high calibre and accomplished executive in Anthony Neilson.
“Anthony has over 14 years’ experience in upstream and downstream oil and gas. His strong financial and risk management skills will further enable Santos to reduce costs, increase operating cashflow and manage its balance sheet to create value for its shareholders. Anthony will join a new Executive Committee which has the technical capabilities needed to transform Santos into a reliable, low cost and high performance business.”
Neilson is expected to commence his new role in December 2016. Andrew Seaton – the current Chief Financial Officer – recently announced his retirement, but will remain with the company in order to ensure a smooth transition.
Edited from press release by David Rowlands