Last checked at 3 May 2019 14:21
3 May 2019
PETROFAC LIMITED
(the "Company")
BOARD CHANGES
Further to the announcement made on 28 February 2019, the Company confirms that Francesca Di Carlo has joined the Company as an independent Non-executive Director, following formal approval by shareholders at the Annual General Meeting today.
Francesca is currently Group Executive Vice President of Human Resources and Organisation at Italian multinational energy company Enel Spa. She began her professional career in London with SG Warburg Group where she specialised in corporate finance, prior to joining Telecom Italia Group where she held several roles. Francesca has extensive experience in corporate development, audit and corporate finance and will bring to the boardroom expertise across a range of functional areas, with core strengths in several disciplines, including strategy and transformative organisational change.
René Médori, Petrofac's Chairman, commented: "It gives me great pleasure to welcome Francesca to Petrofac, where her experience will help to maintain a Board that is strong, well-balanced and multi-disciplinary. We look forward to working with her."
Committee changes
As a result of the Board changes effected today, the Board committees are comprised as follows with immediate effect:
Nominations Committee: René Médori (Chairman), Andrea Abt, Ayman Asfari, Sara Akbar, Matthias Bichsel, David Davies, Francesca Di Carlo and George Pierson
Audit Committee: David Davies (Chairman), Matthias Bichsel and George Pierson
Compliance & Ethics Committee: George Pierson (Chairman), Andrea Abt and Matthias Bichsel
Remuneration Committee: Matthias Bichsel (Chairman), Andrea Abt, Sara Akbar and Francesca Di Carlo
There are no additional disclosures in respect of paragraph 9.6.13 (1) to (6) of the FCA Listing Rules.
For further information contact:
Petrofac Limited
+44 (0) 207 811 4900
Jonathan Low, Head of Investor Relations
jonathan.low@petrofac.com
Alison Flynn, Group Head of Communications
alison.flynn@petrofac.com
+44 (0) 207 811 4913
Tulchan Communications Group
+44 (0) 207 353 4200
petrofac@tulchangroup.com
Martin Robinson
LEI 2138004624W8CKCSJ177
NOTES TO EDITORS
Petrofac
Petrofac is a leading international service provider to the oil and gas production and processing industry, with a diverse client portfolio including many of the world's leading integrated, independent and national oil and gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC).
Petrofac designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects. Petrofac's range of services meets its clients' needs across the full life cycle of oil and gas assets.
With around 11,500 employees, Petrofac operates out of seven strategically located operational centres, in Aberdeen, Sharjah, Abu Dhabi, Woking, Chennai, Mumbai and Kuala Lumpur and has a further 24 offices worldwide.
For additional information, please refer to the Petrofac website at www.petrofac.com.