15 Feb 2011 10:30
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15th February 2011
JKX Oil & Gas plc ("JKX")
APPOINTMENT OF CHAIRMAN
The Board of JKX is pleased to announce the appointment of Sir Ian Prosser as Chairman in succession to Lord Fraser of Carmyllie who retires from the Board. Sir Ian will become Chairman on 1st March.
JKX's Chief Executive Paul Davies said: "Lord Fraser has given long and distinguished service to this company as Chairman during which time it has grown impressively and created value for its shareholders. We are very grateful to him. We are delighted to be able to appoint Sir Ian as his successor. Sir Ian has extensive and wide-reaching experience on PLC boards and we look forward to working with him."
Sir Ian is Chairman of The Navy Army & Air Force Institutes, Chairman of BP Pension Trustees Ltd and a non-executive director of Sara Lee Corporation based in Chicago.
He was Chairman and Chief Executive of Bass PLC and latterly Chairman of InterContinental Hotels until 2003. He was non-executive Deputy Chairman of BP Plc until 15 April 2010, having joined as a non-executive Director in 1997. He was formerly senior independent director of GlaxoSmithKline, a non-executive of The Boots Company and of Lloyds TSB.
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