Echo Energy plc, the Latin American focused upstream energy company, is pleased to announce the following Board changes.
Stephen Birrell has been appointed as Chief Executive Officer ('CEO') of the Company with immediate effect. Stephen is highly experienced geoscientist who has worked in the upstream oil and gas and mining industry for over 35 years with a particular focus on gas developments across multiple jurisdictions with Britoil, BP and Elf and Sterling Resources, where he discovered and initiated the development of the Black Sea gas field complex, Ana/Doina in Romania. Stephen has a BSc Honours in Applied Geology and is a member of the Association of International Energy Negotiators and the Society of Petroleum Engineers.
Christian Yates, current non-executive director, will assume the position of non-executive chairman.
Martin Hull, the Company's existing CEO, and James Parsons, the Company existing Non Executive Chairman, are both transitioning into the role of non-executive director and both individuals have been asked to provide additional support to the new chairman and CEO for an interim period.
These changes will take place with immediate effect.
Christian Yates, Non-Executive Chairman of the Company, said:
"I am delighted to confirm Stephen's appointment as Chief Executive Officer. Stephen brings a wealth of technical and commercial experience, holding executive positions across a range of oil and gas businesses and we look forward to leveraging his experience as we look to deliver our strategy. I would also like to thank James and Martin personally and on behalf of the Board for their leadership and commitment to the Company over the last few turbulent years and I look forward to their continued support as non-executive directors."
Regulatory Disclosures:
In addition to his appointment to the Echo Board, Stephen James Birrell, aged 60, has held the following directorships and/or partnerships in the past five years:
