Drax taps Frank Lemmink for CFO

(Sharecast News) - Energy firm Drax has tapped Frank Lemmink to take over from Andy Skelton as chief financial officer, with effect from 1 September.

Lemmink will join Drax from Shell, where he has served as executive vice president of its flagship Integrated Gas and Upstream business since 2023.

Skelton will continue to support Drax in the succession process until 4 December.

Chief executive Will Gardiner said: "The directors are delighted to be welcoming Frank to Drax and his forthcoming appointment as CFO. He brings a wealth of experience and skills in financial control, project development, governance and capital allocation gained through over 20 years with Shell and will be a strong addition to the Drax team, as we develop opportunities for short, medium and long-term growth and value creation."

Reporting by Iain Gilbert at Sharecast.com

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