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/