Business
Directorate Change
Directorate Change.
About this update from Ithaca Energy Plc
[{"type":"text","content":"\n\n\nPress release\nBoard of Directors Changes\n \nIthaca Energy plc, (\"Ithaca Energy\" or the \"Company\"), a leading independent oil and gas operator in the North Sea today formally announces the appointment of Yaniv Friedman as Executive Chairman. Today's appointment follows the announcement on 28 May 2024 of a number of changes to the Company's Board of Directors and Executive Management team, including that of Yaniv Friedman's appointment, to strengthen the Company's executive leadership as it embarks on its next phase of growth, having recently announced its proposed transformational business combination with substantially all of the upstream assets of Eni in the UK.\n \nYaniv Friedman has significant global executive experience working in the energy and infrastructure sectors and brings considerable strategic, commercial, public company and M&A expertise. Yaniv most recently held the role of CEO of Modiin Energy LP, an oil and gas partnership listed on the Tel Aviv Stock Exchange with operations including development projects in the US as well as exploration offshore Israel. Prior to this, Yaniv served as Deputy Chief Executive Officer of Newmed Energy LP, Israel's leading energy partnership in the exploration, development, production and sale of natural gas. Yaniv has also held other senior executive positions in public and private energy companies.\n \nThere is no further information to be disclosed pursuant to Listing Rule 9.6.13.\n \nDave Blackwood, CBE having temporarily served as non-executive Chairman will return to his role as a non-executive director.\n \n \nEnquiries\n \n\n\n\n\nIthaca Energy\n\n\n\n\n\n\n\nKathryn Reid - Head of Investor Relations, Corporate Affairs & Communications\n\n\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting (PR Advisers to Ithaca Energy)\n\n\n+44 (0)203 727 1000\n\n\n\n\nBen Brewerton / Nick Hennis / Rosie Corbett\n\n\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n \nNote to editors:\n \nAbout Ithaca Energy plc\n \nIthaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic inv...