Petro Matad appoints new CFO John Henriksen as Clyde Evans retires

Petro Matad (LON:MATD) today announced that chief financial officer Clyde Evans has now retired from his executive position.

John Henriksen joins the company as the new CFO. And Evans will remain a non executive director of the company.

Henriksen has 36 years experience in the oil and gas industry and he was most recently Salamander Energy’s country manager for Indonesia. He will run the group’s accounting and financial activities from the group’s main offices in Ulaanbaatar, Mongolia. Subsequently the group’s office in Perth, Australia, is being closed.

"Petro Matad is delighted to welcome John to the position of CFO. From a very well qualified group of candidates, he impressed us as the ideal fit for our company and its objectives,” said chief executive Douglas McGay.

“His relocation to work with the company's executive and technical professionals in Mongolia is another forward step for the efficient and progressive management of the company. In particular, we anticipate his industry experience will add substantial value to the company and its operations.”

Additionally Petro Matad also reported that exploration manager Dr. James Coogan has also retired and is has nearly completed the process of hiring a replacement. In the meantime chief geologist Dr Kurt Constenius is managing the team.

Comments

Popular posts from this blog