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Erin Energy appoints new chair, CEO

Erin Energy appoints new chair, CEO

Photo by Bloomberg

14th March 2016

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

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Dual-listed Erin Energy Corporation has appointed John Hofmeister chairperson.

Hofmeister, a former Shell Oil Company president, would succeed retiring chairperson and CEO Kase Lawal, following the company’s annual meeting in May.

COO Segun Omidele would take over as CEO.

“This is an exciting time for Erin Energy. The board of directors has identified two outstanding individuals to take the company to the next level. Both John and Segun are intimately familiar with our business; each has a diverse set of skills and a combined wealth of experience in the energy sector,” Lawal said.

He added that the roles of CEO and chairperson had been split to apply global standards to the company’s corporate governance and to ensure complete independence of the board.

At Shell, Hofmeister led the company’s US businesses and functions. He previously also held key executive leadership positions at General Electric, Nortel and Allied Signal and currently served on the boards of Hunting and Applus Services.

Omidele, an exploration and production professional with 36 years’ experience, has been with Erin since 2011. He served as senior exploration and production VP for Allied Energy Corporation from 2008 to 2011.

Prior to Allied Energy, Omidele held various senior technical and management positions with Shell Oil companies in Nigeria, the UK and the US for more than 28 years.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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