Business
Directorate Change
Directorate Change.
About this update from Adm Energy Plc
[{"type":"text","content":"\n\n \n25 March 2025\n \nADM Energy PLC\n \n(\"ADM\" or the \"Company\")\n \nDirectorate Change\n \nADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company is pleased to announce that it has appointed Mr Randall James Connally to the Board of Directors as Executive Director and Chief Executive Officer with immediate effect.\nMr Connally currently serves as Chief Financial Officer of Atlantic Bridge, LLC since 2022, a co-founder and director at OFX Holdings, LLC (previously called Tennessee Black Gold, LLC) since 2022, Director at Ventura Energy Advisors, LLC since 2021 and is an advisor to MHM Holdings LLC.\n \nMr Connally participated as a strategic adviser and shareholder of Eagle Energy Company of Oklahoma, LLC, an oil and gas company with operations in the Hunton and Mississippi Chat plays in central and northwestern Oklahoma. Eagle, having been set up in 2009 was sold to Midstates Petroleum Company Inc. in October 2012 for $650 million.\n \nPreviously, he has been involved in multi-directorships associated/affiliated with Northcote Energy from 2010 and ongoing (Northcote NPT Holdings remains active) and Cantera Capital from 2002 to 2009. Prior to this Mr Connally's early career included NationsBank (now Bank of America), Bank of America Securities, associate with Donaldson, Lufkin & Jenrette Securities Inc, (acquired by Credit Suisse First Boston) and Vice President at Providence Capital Inc. While at these finance groups, Mr Connally worked in the Energy Finance and Investment Banking Groups and focused, on commercial lending, high yield bond offerings for mid and large capitalisation exploration and production companies in the US, public bond (investment grade and high yield) and equity underwriting as well as mergers and acquisitions for exploration, production and oil field service companies in the United States.\n \nHe graduated from Texas A&M University in 1996 with a BBA (Bachelor of Business Administration) in Finance.\n \nThe following information is disclosed in respect of Mr Connally (age 52) pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies. All information is as at the date of this announcement.\n \n\n\n\n\nCurrent Directorships / Partnerships:\n\n\nPast Directorships / Partnerships (within the last five ...