Santos CEO resigns after seven years
Published by Angharad Lock,
Digital Assistant Editor
LNG Industry,
David Knox, Managing Director and CEO, has announced that he will step down once a successor has been appointed.
Santos Chairman, Peter Coates, will assume the role of Executive Chairman and take executive responsibility for conducting the strategic review with the assistance of Deutsche Bank and Lazard as advisers to the Board.
Commenting on Knox’s resignation, Coates said: “After seven years as CEO and with the commencement of production at the Company’s GLNG project now imminent, the Board and David have agreed that it is an appropriate time to institute a succession of leadership. Until he steps down as CEO, David will remain in his role responsible to the Board for all of the company’s operations and projects.”
Edited from press release by Angharad Lock
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/21082015/santos-ceo-resigns-after-seven-years-1176/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.