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Genel Energy PLC CFO to step down in March

The company has begun its search for a replacement, with an announcement to be made in due course

Genel Energy PLC (LSE:GENL, OTC:GEGYY), the London-based oil and gas exploration and production company, announced its chief financial officer Esa Ikaheimonen intends to step down from his role and leave the company on 16 March.

The company, which will reveal its 2021 financial results the day before Ikaheimonen’s departure, said it has begun a search for his replacement, with an announcement to be made in due course.

“Our financial results will be a testament to Esa’s time at Genel, as they will show a company in a strong financial position, with a resilient and proven business model and the flexibility to utilise the balance sheet to grow the company,” said chief executive Bill Higgs.

“Genel has strong leadership and finance teams, a robust financial position, and a lot to look forward to, and I wish the company every success for the future,” commented Ikaheimonen.

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2022-01-11 02:46:00

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