Cairn announces that its Chairman, Ian Tyler, has indicated to the Board that, having served on the Board for seven years, six of them as Chairman, and mindful of good corporate governance practice, it is his intention to retire from the Board once a successor has been appointed.

The Board will begin a thorough and comprehensive process to identify and appoint a successor and enable an orderly handover, in accordance with the Board’s existing succession planning.

Mr Tyler has indicated his commitment to serve as Chairman of the Board of Cairn until such process is completed, which is anticipated to take place within the next twelve months.

KeyFacts Energy: Cairn Energy UK country profile*   l   KeyFacts Energy: People on the Move 

* Premium profile information includes; description, overview of assets, current and planned operational activity, capex, local and corporate locations, links to 'Linkedin People', news archive and farm-in opportunities.