Scandoil  

Nido Petroleum Managing Director resigns


Published May 4, 2015
Nido Petroleum Limited

Nido Petroleum Limited confirms its previous advice that Phil Byrne ceased employment with the Company on 30 April 2015. A global recruitment process to find a suitable replacement is now well advanced and a short list of candidates has been identified.

Until a new Managing Director is appointed, Nido's Chairman Mr William Bloking has agreed to assume the role of Executive Chairman. During this period, Mr Bloking will be engaged pursuant to a consultancy services agreement and will receive the same fixed annual remuneration on a pro-rated basis as that which Mr Byrne received prior to his resignation (Mr Byrne's fixed annual remuneration was $560,000 inclusive of superannuation). Mr Bloking has agreed to waive his Director's fees whilst he is performing the role of Executive Chairman.

Tags: Nido Petroleum Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml