14 Mar 2022 07:02
14 March 2022
Vivo Energy plc
(LSE: VVO / JSE: VVO)
Update on Chief Financial Officer
Further to the announcement on 14 January 2022 regarding the resignation of Doug Lafferty as Chief Financial Officer, Vivo Energy plc ("the Company") confirms that Doug will step down from the Board and leave the Company on 30 April 2022.
The search for a new CFO is underway. As part of an orderly succession process, Jan-Timo Rebisch, Group Controller and Issam Sadiq, Group Treasurer will lead the Finance function on an interim basis until a new CFO is appointed. Jan-Timo and Issam will not be appointed Executive Directors of the Company.
Further details regarding Doug's leaving arrangements can be found in the Company's 2021 Annual Report, on its website.
ENDS
Notes to editors:
Media contacts: Vivo Energy plc Rob Foyle, Head of Communications +44 7715 036 407 rob.foyle@vivoenergy.com
Tulchan Communications Harry Cameron +44 20 7353 4200 vivoenergy@tulchangroup.com
| Investor contact: Vivo Energy plc Giles Blackham, Head of Investor Relations +44 20 3034 3735 giles.blackham@vivoenergy.com
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About Vivo Energy
Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,450 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.
Vivo Energy plc has a primary listing on the London Stock Exchange, and is a member of the FTSE 250 index, with a secondary inward listing on the Johannesburg Stock Exchange.
For more information about Vivo Energy, please visit www.vivoenergy.com