Woodside's Tremaine appointed Origin CFO

14th February 2017 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – ASX-listed Origin Energy has appointed fellow-listed Woodside Petroleum’s Lawrie Tremaine as its new CFO.

Tremaine is current executive VP and CFO at Woodside, and was previously employed by aluminium major Alcoa in senior financial roles during a 17-year career.

Origin CEO Frank Calabria said on Tuesday that Tremaine has extensive finance and leadership experience, particularly in the oil and gas sector.

“[Tremaine’s] appointment is another important step forward in achieving our immediate goal of reducing debt and improving returns so that we can position Origin for growth in a rapidly changing energy market, while delivering on the potential of our investment in [the] Australia Pacific liquefied natural gas [project].”