Genel Energy CFO to stand down following FY results

(Sharecast News) - Oil production firm Genel Energy revealed on Tuesday that chief financial officer Esa Ikaheimonen had announced his intention to leave the company on 16 March.
Genel Energy said a search to replace Ikaheimonen, who will depart the company following its 2021 full-year results, was ongoing and added that an announcement will be made in due course.

Chief executive Bill Higgs said: "Our financial results will be a testament to Esa's time at Genel, as they will show a Company in a strong financial position, with a resilient and proven business model and the flexibility to utilise the balance sheet to grow the Company. On behalf of everyone at Genel, I would like to wish Esa all the best in his future endeavours."

As of 0825 GMT, Genel Energy shares were up 0.25% at 134.60p.