28 May 2014 14:26
Exillon Energy plc (Exillon Energy plc ("Exillon Energy", "Exillon" or the "Company")
Update on Board of Directors and CEO Position
28 May 2014, Exillon Energy (EXI.LN), ("Exillon Energy", "Exillon" or the "Company"), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), announces that following the appointment of three new independent non-executive directors to its Board, Pavel Chernienko has resigned from the Board with immediate effect.
With today's appointments and the resignation of Mr Chernienko, Exillon now has a Board of five directors of whom three are independent.
The Board of Directors subsequently appointed Alexander Suchkov, a director and current Deputy CEO, to the position of CEO.
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Tom Blackwell, EM
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