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UK's Lamprell says CEO to retire next year

Fri, 14th Aug 2015 06:27

Aug 14 (Reuters) - Oil rig maker Lamprell Plc saidChief Executive James Moffat would retire next June and that ithad promoted Tony Wright to the role of chief financial officerwith immediate effect.

John Kennedy will take on the role of executive chairmanuntil the next annual general meeting in 2016, the company saidon Friday.

Lamprell said it had commenced the search process to find anew CEO. (Reporting by Aastha Agnihotri in Bengaluru; Editing by AnupamaDwivedi)

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