Business
Appointment of new Chief Financial Officer
Appointment of new Chief Financial Officer.
About this update from Nostrum Oil & Gas Plc
[{"type":"text","content":"\n \nRNS Number : 2499I Nostrum Oil & Gas PLC 26 August 2016 \n\n \n \n \nAmsterdam, 26 August 2016\n \nAppointment of new Chief Financial Officer\n \n \nNostrum Oil & Gas PLC (LSE: NOG) (\"Nostrum\", or \"the Company\"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces that Tom Richardson, currently Group Head of Corporate Finance, has been appointed as the Company's Chief Financial Officer and as a director of the Company with effect from 1 September 2016. Tom succeeds Jan-Ru Muller, who steps down from the Board of the Company and as Chief Financial Officer with effect from such date. Mr Muller will continue to serve in a senior position in the Company's finance team.\n \nNostrum Chairman Frank Monstrey said:\n \n\"I would like to thank Jan-Ru for all his hard work over the last 9 years. We have grown the company exponentially since we started both operationally and financially. His work has been invaluable in getting us to where we are today. I welcome Tom as CFO and look forward to working with him as we approach the next stage of our development and look to deliver on all our strategic initiatives.\" \n \nThe Company confirms that there is no additional information regarding Tom Richardson required to be disclosed under paragraph 9.6.13 of the Listing Rules of the UK Listing Authority. No termination payments will be made in connection with these changes. \n \nFurther information:\n \nFor further information please visit www.nog.co.uk \n \nFurther enquiries:\n \nNostrum Oil & Gas PLC - Investor Relations\nKirsty Hamilton-Smith\nRachel Pescod\[email protected] &...