Petrofac announces board changes

Petrofac’s Norman Murray, who has been Chairman since May 2011, has resigned from the board and will step down as Chairman with immediate effect for compassionate reasons. Senior Independent Director Rijnhard van Tets will assume the role of Chairman with effect from 22 August 2014. Rijnhard was appointed as a Non-Executive Director in May 2007 and became Senior Independent Director in May 2011. Non-Executive Director Thomas Thune Andersen will become Senior Independent Director.

Norman Murray said: “It is with tremendous sadness that I step down from the board. I would like to thank my board colleagues for their support during my tenure and their understanding of my current situation. I leave Petrofac in good shape and the Board in Rijnhard’s experienced and capable hands.”

Ayman Asfari, Group Chief Executive, further commented: "I would like to thank Norman for leading the board so effectively for the last three years. Whilst it is with great sadness that we accept his resignation, we understand his reasons and our thoughts and best wishes remain with him and his family.

“I am pleased that we have appointed Rijnhard who is an experienced Chairman and whose knowledge and understanding of the Petrofac Group will hold us in good stead as we move forward. I look forward to working with Rijnhard and the rest of the Board as we continue to grow and strengthen our business."

Adapted from press release by Rosalie Starling

Read the article online at: https://www.worldpipelines.com/business-news/22082014/petrofac-announces-board-changes-738/