news Operational riskMarkets & trade Splash247
The chief executive officer (CEO) of oil and gas player Panoro Energy, John Hamilton, has informed the company that he will retire from the position as of the annual general meeting set to be held on May 21, 2026. He has stated that he has “full confidence in the wider management team and succession plan”, which has been put in place, allowing him to make this decision. Retirement from the CEO role follows Hamilton’s leave of absence for personal family reasons, announced in October last year. Hamilton has been the Panoro CEO since 2015. He led the company through multiple accretive acquisitions, equity and debt financings, challenging periods of macro-uncertainty, including the covid pandemic, value-added development programmes and exploration successes. To ensure continuity, the nomination committee has proposed Hamilton’s election to the board as a non-executive director. In line with a succession plan, Julien Balkany will continue to act as executive chairman until at least the end of 2026, working closely alongside current COO and president Eric d’Argentré, who will assume the position of chief executive officer from January 1, 2027. “I would like to thank John for his exceptional leadership and for his invaluable contributions to the company over the past eleven years. John has been instrumental in shaping Panoro into the resilient, opportunity-driven African E&P company that it is today. We support John in his decision to step down as CEO and welcome him as a new board nominee,” Balkany said. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsUnited Kingdom
Panoro CEO John Hamilton to retire after 11 years at the helm
Splash247
Read full article at Splash247 →
Opens Splash247 in a new tab