Tullow Oil plc (Tullow) has announced the appointment of Dorothy Thompson as independent non-executive Director and Chair-designate subject to the approval of the Group’s Annual General Meeting (AGM) to be held next week April 25, 2018.
Ms. Thompson when approved will be succeeding Aidan Heavey, Tullow’s current Chairman and Founder, as Chair at the conclusion of the Board meeting scheduled for 20 July 2018.
Her appointment will see Aidan retire from the Board at the same time after many years of service to the company.
Madam Dorothy Thompson who is 57 years, brings extensive experience to Tullow, having 12 years’ experience, as Chief Executive Officer of Drax Group plc, an international power and energy trading company.
As well as her experience with Drax, Dorothy is also currently a non-executive Director of the Court of the Bank of England (since 2014) and the NYSE-listed Eaton Corporation plc (since 2016). She was a non-executive director of Johnson Matthey plc from 2007-16.
Commenting on her new appointment, Dorothy Thompson, Chair-designate of Tullow Oil Plc said, “I am very pleased to be joining Tullow as the Company emerges from the recent downturn in a strong position following the significant progress it has made over the past two years.”
She further stated that, “I am looking forward to working with Paul and the Board as we focus on delivering the full potential of the Company’s world class portfolio and the return to value enhancing growth.”
Before joining Drax, Dorothy managed InterGen’s European power business, as the head of project finance at PowerGen and worked at CDC Capital Partners, the private sector arm of the British Government’s aid programme.
She has extensive emerging markets experience including a period working in the Commercial and Industrial division of the Bank of Botswana.
Madam Dorothy Thompson holds a BSc and an MSc in Economics from the London School of Economics and Political Science.
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