Rialto Appoints Andrew Bartlett as Non-Executive Chairman

Source: www.gulfoilandgas.com 3/15/2013, Location: Not categorized

Further to the announcement of 28 February 2013, the Board of Directors of Rialto is pleased to confirm that Mr. Andrew Bartlett has been appointed to the position of Non-executive Chairman, based in London. Mr. Bartlett, who was appointed Non-executive Director on 17 September 2012, has over 30 years of experience in the Oil & Gas Industry, including over 20 years' experience in Emerging Markets, with the majority of this time focused on Africa.

Further and as previously advised, Mr. Bruce Burrows has retired from his position as Chairman and from the Board of Directors due to increasing time commitments elsewhere.

Commenting on this announcements, newly appointed Chairman, Andrew Bartlett said:

“I would like to take this opportunity to thank Bruce for his efforts as both Director and Chairman of the Company. He leaves with the respect and friendship of all within Rialto and we wish him well in the future.”

Retiring Chairman, Bruce Burrows also stated:

“It has been a pleasure to have served Rialto since May 2011. During that time the Company has matured, and accomplished a significant amount despite a number of challenges. With the Board and management strengthened over the last six months, I believe it remains well placed to realise value from its material asset base. I wish the Company, its staff and Board the very best for the future.”

Further to the above, the Company advises that Mr. Gregory Stoupnitzky has been appointed as Senior Independent Director. The Senior Independent Director is available to shareholders if they have concerns that contact through the Chairman or Executive Directors has failed to resolve issues or where they believe that such contact is not appropriate.

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Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

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