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Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino, President and COO to Succeed Donadeo as President and CEO
Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino, President and COO to...
About this update from Vermilion Energy Inc.
[{"type":"text","content":"\n\n\n\nVermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino, President and COO to Succeed Donadeo as President and CEO\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nVermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino, President and COO to Succeed Donadeo as President and CEO\nCanada NewsWire\nCALGARY, Nov. 30, 2015\n\n\n\nCALGARY, Nov. 30, 2015 /CNW/ - Vermilion Energy Inc. (\"Vermilion\", \"the Company\", \"We\", \"Us\", or \"Our\") (TSX, NYSE: VET) Co-founder and Chief Executive Officer Lorenzo Donadeo today announced publicly his intention to retire as CEO effective March 1, 2016, at which time he will transition to his new role as Chair of the board of directors.  Larry Macdonald, the Company's current Chair will transition to the newly created role of Lead Director.  In line with the Company's succession plan, the board of directors announced Anthony Marino, Vermilion's current President and Chief Operating Officer will assume the role of President and CEO upon Mr. Donadeo's retirement.  \n\n\"Lorenzo co-founded Vermilion in 1994 and has been integral to the Company's success since that time.  Over that 22-year period, Vermilion has grown from a public company with no assets to an established international leader with production targeting approximately 64,000 boe per day in 2016,\" stated Larry Macdonald, Chair of the board of directors.  \"Vermilion began with an initial share price of only 35 cents in 1994.  When cumulative dividends are added to Vermilion's current share price, the Company has successfully delivered value totalling approximately $68 per share to our shareholders.  Lorenzo's leadership, vision, focus and direction have been instrumental in achieving these impressive returns.  On behalf of the board of directors I want to thank Lorenzo for his significant contributions to our Company, our industry and to our community.  We look forward to continuing to work with Lorenzo in his new capacity as Chair and wish him all the best in the future.\" \n\n\"Executive development ...