IGas Energy PLC - London-based onshore energy company - Appoints Chris Hopkinson as chief executive officer. Hopkinson first joined IGas in January last year, and has been the interim executive chair since September.
Hopkinson says: "This is an exciting time for IGas and I look forward to driving our performance as we continue to maximise the value of our existing assets and pivot into renewable energy by growing a geothermal business of scale."
IGas also appoints Philip Jackson as non-executive chair. Jackson has been a non-executive director since 2017, when he was appointed by Kerogen Capital following a refinancing of IGas. He now has no remaining affiliations with Kerogen.
Jackson says: "I am delighted that Chris has been appointed CEO, he has already made a significant contribution to the business since stepping into the role of Interim Executive Chairman in September 2022."
Current stock price: 15.67 pence, down 1.4% in London on Thursday afternoon
12-month change: down 39%
By Holly Beveridge, Alliance News reporter
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