Sunday, 01 November 2015 09:58

Energy Industry – 15 Open CEO Roles and 29 CEO Appointments Featured

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Compilation of Open CEO Roles and Placements in the Energy Industry in the 45 days ended October 26, 2015
PREPARED BY: Vell Executive Search
DATE: September 11 to October 26, 2015

Energy Industry - CEOs Wanted

Petrobras Distribuidora S.A.
Rio de Janeiro
$37.21B
September 2015
CEO of Petrobras Distribuidora (BR), Jos Lima de Andrade Neto, has resigned for health reasons. The CFO of Petrobras Distribuidora, Mr. Carlos Alberto Tessarollo, who was already replacing Mr. Lima during his vacations, will continue as interim CEO.
Sasol Limited
South Africa
$16.3B
June 2015
SASOL president and CEO David Constable would not renew his contract beyond its expiry in 2016. The company will search both locally and internationally for a successor.
Penn Virginia
Pennsylvania
$512.9M
July 2015
H. Baird Whitehead plans to retire as president and CEO after more than 14 years of service, including four years in his current position. The board has formed a committee to commence a search to identify a new president and CEO, and has retained SpencerStuart to advise it on potential candidates.
AWE Limited
New South Wales         $219.3M          
October 2015  
In line with AWE Limited's succession planning strategy, the managing director and CEO, Bruce Clement, will step down during 2016 after five and a half years in the role. The company has commenced a search for a new CEO, while continuing to focus on delivery of its growth projects.
Warren Resources
New York
$150.7M
July 2015
Warren Resources has commenced a search for a CEO. The Company has retained executive search firm Egon Zehnder to assist with the selection process.
Mart Resources
Alberta
$148M
August 2015
The employment of Thomas Heslip, Granite's CEO, has been terminated. Michael Forsayeth, Granite's CFO, will assume the responsibilities of CEO on an interim basis.
Aveda Transportation and Energy Services
Alberta
$118.7M          
October 2015  
Aveda announced to consolidate the majority of its Houston US corporate office, including all Houston based C-level positions, into its head office in Calgary.
Due to the consolidation, Kevin Roycraft will be leaving the Company. The company appointed David Werklund as the interim President and CEO of Aveda.
Sentula Mining Limited
Gauteng          
$112.8M          
October 2015  
The board of directors of Sentula Mining Limited notified shareholders that Mr. Robin Berry has resigned as CEO and executive director with effect from October 7, 2015. With effect from October 7, 2015, Mr. Jacques Badenhorst, currently a non-executive director, has been appointed by the board as acting CEO pending the identification and appointment of a new CEO.
PostRock Energy Corporation
Oklahoma
$63.8M
September 2015
PostRock Energy Corporation has announced the retirement of Terry Carter as president and CEO. The Board has elected Clark Edwards, PostRock's current VP of Operations, as Interim President and CEO.
Mitcham Industries
Texas
$62.6M
September 2015
Mitcham Industries announced that President and CEO Billy F. Mitcham Jr. has passed away. Messrs. Robert Capps and Guy Malden, who were recently promoted to co-COOs of the company, will become interim co-CEOs.
Zeta Petroleum
Greater London           
$0.404M          
October 2015  
Zeta Petroleum plc announced that Mr. Andy Morrison has stepped down as CEO of the Company with effect from 12 October 2015 to pursue other business interests. Mr. Morrison has agreed to continue as an unpaid adviser to the Board in the short term.
Peat Resources
Ontario
NA
September 2015
The Board of Directors of Peat Resources Limited appointed Patricia Mannard as Chair and Interim CEO. Patricia Mannard is the longest standing member of the board and has been an officer of the company for over 20 years. The board would like to thank Rob Wright for his service as Chair and Interim CEO for the past 11 months. Rob Wright will remain as a director of the company.
Ascent Resources
Greater London
NA
September 2015
Ascent Resources plc announced that Colin Hutchinson, Finance Director, has become interim CEO and with the support of the non-executive Directors will lead the day-to-day activities of the company.
Enable GP
Oklahoma
NA
June 2015
Chairman Peter B. Delaney, who was also OGE Energy’s Chairman and CEO, has been named interim President and CEO of Enable GP. A special committee of the Board has begun a search for a permanent CEO with the assistance of Russell Reynolds Associates
Sefton Resources
Greater London           
NA       
October 2015
Sefton Resources  announced that the Board has agreed that Mr. Clement Chambers and Mr. Michael Hodges will be appointed as directors of the company with effect from October 23, 2015. Mr. Chambers will become Interim CEO and Mr. Hodges as Non-Executive Director.

 

Energy Industry - CEOs Appointed

Hindustan Petroleum Corporation Limited
India   
$34.62B          
October 2015  
Hindustan Petroleum   has appointed MK Surana as its new chairman and managing director. At present, Surana is the CEO of Prize Petroleum Co  He will succeed Nishi Vasudeva, who will retire at the end of March next year.
Cameron International Corporation
Texas
$9.977B
October 2015
Cameron announced that, in accordance with its previously disclosed succession plan, R. Scott Rowe has assumed the role of President and CEO. Rowe has served with Cameron for 13 years, most recently as President and COO.
PTT Exploration and Production Public Company
Thailand          
$6.22B
October 2015  
PTT Exploration and Production Public Company Limited announced that the company's Board of Directors Meeting held on October 2, 2015 has resolved to elect Mr. Somporn Vongvuthipornchai to be a Director, President and CEO of PTTEP where in this regard Mr. Pairoj Rangponsumrit's position as Acting President and CEO of PTTEP would be ending.
Petronet LNG
Delhi
$5.86B
September 2015
Petronet LNG has announced that Shri. Prabhat Singh has been appointed as Managing Director & CEO of the company in place of Dr. A. K. Balyan.
Calumet Specialty Products Partners LP
Indiana
$5.19B
September 2015
Calumet Specialty Products Partners announced that its general partner's Board of Directors has named energy industry veteran Timothy Go as the Partnership's incoming CEO, effective January 1, 2016. Go joins Calumet from Flint Hills Resources, where he most recently served as VP, Operations.
JSC KazMunaiGas Exploration Production
Kazakhstan
$3.35B
September 2015
JSC "KMG EP" announced that Kurmangazy Iskaziev has been appointed as General Director (CEO) of KMG EP by the Board of Directors. Mr. Iskaziev previously held the position of CEO of JSC Embamunaigas (EMG).
Par Pacific Holdings
Texas  
$2.69M
October 2015  
Par Petroleum Corporation appointed current board member William (Bill) Pate as its President and CEO. Par's current CEO, Joseph Israel, will remain on the Board of Directors of Par Pacific. Prior to joining Par, William Pate was the Co-President of Equity Group Investments.
Westmoreland Coal Co.
Colorado         
$1.38M
October 2015  
The Board of Directors has named Kevin A. Paprzycki, the company’s CFO, as CEO effective as of January 1, 2016.
Drillsearch Energy
New South Wales
$192.9M
September 2015
Drillsearch Energy Limited appointed Walter Simpson as CEO, effective immediately. Mr. Simpson joined Drillsearch as COO in March 2015 from BG Group subsidiary QGC.
Core Energy AS
Oslo
$163.7M
September 2015
Jan Harald Solstad will as of 1 October 2015 step down from the position as CEO of Core Energy. Thomas Bjørgo will from the same date assume the role as CEO of the company.
Norwegian Energy Company AS
Rogaland         
$95.1M            
October 2015  
Silje Augustson will in her capacity as executive director take on the group CEO role and assume additional functions and responsibilities related to the daily operations of the group.
BIOX Corporation
Ontario
$59.9M            
October 2015  
BIOX Corporation announced that Alan Rickard has been selected to replace Chris Clinning as CEO, effective November 2, 2015.
Great Eastern Energy India
$37.2M
September 2015
Great Eastern Energy Corporation Limited announced that the Board of Directors approved the appointment of Mr. Prashant Modi to the Board of Great Eastern as the Managing Director & CEO of the company with effective from 22 September 2015.
US Energy 
Wyoming
$21M
September 2015
U.S. Energy  provided a corporate update and announced changes in the management structure of the company. The Board of Directors appointed Mr. David Veltri, President & COO to the additional position of CEO.
ProSep (USA)
Texas  
$11.8M            
October 2015
ProSep announced an internal restructure and strategic reorganization as the company seeks to strengthen its position amidst ongoing industry challenges. As part of the reorganisation, Patrick McCarthy, who was appointed to the board of directors 12 months ago, will assume the role of CEO.
Epic Lift Systems
Texas  
$10.9M            
October 2015
The Board of Directors of Epic Lift Systems LLC appointed David Nemeskal as CEO, effective immediately.
Enegi Oil
Greater Manchester    
$0.112M          
October 2015
Enegi Oil Plc announced that Dr. Nigel Burton, who has over 25 years' experience of the energy and utilities industries, has been appointed as CEO and a Director of the Company with immediate effect. Nigel spent 15 years as CFO of a number of private and public companies.
African Petroleum
Greater London
$3.04M
September 2015
The Board of African Petroleum Corporation Limited announced that Dr. Stuart Lake, CEO and Executive Director, is stepping down with immediate effect for health reasons. Mr. Jens Pace, currently serving as COO, will assume the position of CEO.
Rockdale Resources
Texas
$0.451M
September 2015
Zel C. Khan, age 41, entered into an employment agreement with Rockdale Resources Corporation effective October 1, 2015 to serve as President and CEO for an initial term of twenty four (24) months (automatically renewable thereafter for additional one year terms).
FuelStream
Florida
$0.432M
September 2015
Kenneth I. Denos was appointed as CEO and Chairman of the Board of Directors. In addition to his role as the Company's CEO and Chairman, Mr. Denos is presently a member of the board, Secretary, and Chief Compliance Officer of Equus Total Return
Caspian Energy 
Alberta
$0.017M
September 2015
Caspian Energy appointed Wei Zhao as its new CEO, effectively immediately.
ADX Energy
Australia
$0.001M
September 2015
Paul Fink has been appointed as CEO and will assume the role of Executive Director.
NEOgas
Texas
NA
October 2015
NEOgás appointed Mr. R. Paul Grady as the company’s new CEO.
One World Investments
British Columbia
NA
September 2015
The Company appointed Douglas Fulcher as the President, CEO and director of the Company.
LWP Technologies Limited
Queensland
NA
September 2015
LWP Technologies Limited announced the promotion of Mr. Sean Corbin as the company's CEO.
Azincourt Uranium 
British Columbia
NA
September 2015
The Company announced that Paul Reynolds has been appointed CEO of the Company. The Company also announces that Ian Burns has resigned as a director of the Company.
Nation Energy 
British Columbia
NA
September 2015
Nation Energy announced that it has appointed Mr. Marc A. Bruner as president and CEO of the company, and Mr. David N. Siegel as chairman of the company's board of directors.
Saudi Arabian Oil Company
Saudi Arabia
NA
September 2015
Saudi Aramco has named Amin Nasser as CEO of the company. Nasser has been acting president and CEO of Saudi Aramco since April, when his predecessor Khalid al-Falih was appointed Aramco's chairman.
Lancaster Capital
British Columbia          
NA       
October 2015  
Leigh Curyer will replace Howard Louie as CEO and Chairman, effective immediately. Mr. Curyer is the co-founder and CEO of NexGen Energy
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Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults, garage.ca, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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