Shell veteran Andy Brown to Take over as CEO of Portugal's Galp

Source: www.gulfoilandgas.com 1/12/2021, Location: Europe

Former Shell director Andy Brown will become CEO at Portuguese oil and energy company Galp Energia from Feb. 19, the company said, with boss Carlos Gomes da Silva leaving two years before the end of his mandate.

The decision was agreed upon by Gomes da Silva and board chair Paula Amorim, and will be submitted to shareholders for approval at the company's next general meeting, Galp said in a statement on Tuesday. It did not say why Gomes da Silva, who has been CEO since 2015, was stepping down.

Brown, who held various executive positions in countries including the Netherlands, Italy and Qatar in his 35-year career at Shell, left the company in 2019 after three years as upstream director.

The handover comes as Galp seeks to recover from steep losses during the pandemic, having reported net losses in the second and third quarters of last year.

Traditionally a refiner, the company joined the world of big oil over the past decade thanks to stakes in various major offshore oil and gas fields in Brazil.


Finland >>  1/20/2025 - President and CEO Anders Svensson has decided to leave Konecranes to join another company. He will continue to actively lead Konecranes until he leave...
Norway >>  1/20/2025 - The Hexagon Board of Directors has appointed Anders Svensson as President and CEO. Anders Svensson will take office on 20 July 2025 at the latest, suc...

United Kingdom >>  1/20/2025 - Ashtead Technology Holdings plc (AIM: AT.), a leading subsea equipment rental and solutions provider for the global offshore energy sector, is pleased...
United Kingdom >>  1/20/2025 - AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to confirm, further to the announcement on 16 December...

United States >>  1/20/2025 - Opportune LLP, a leading global business advisory firm, is pleased to announce that Jade Wang has joined the firm as a Principal in its Oil & Gas Proc...
South Africa >>  1/17/2025 - Eskom Group Chief Executive (GCE) Dan Marokane has announced Dr. Candice Hartley as Chief People Officer and Mr Rivoningo Mnisi as Group Executive: Re...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.