GKP Appoints Non-Exec Directors

By John Lee.

Gulf Keystone Petroleum (GKP) has announced the appointment of Andrew Henry Simon O.B.E. (pictured) to its Board as a Non-Executive Director with immediate effect.

In addition, as approved by shareholders at the Company’s Annual General Meeting, held on 25 July 2013, and following the completion of the AIM mandated due diligence process, the Company is pleased to announce the appointment of Messrs Jeremy Benjamin Gerald Asher, Thomas Counter Shull, John Bell and Philip Anthony Dimmock, to the Board as Non-Executive Directors, also with immediate effect.

Curriculum Vitae for each of these directors are available on the Company’s website and the information to be disclosed pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies is set out below.

Mr Simon has extensive public company experience, having served on the boards of some of the UK’s leading companies and is ideally placed to assist the Company as it seeks to move from AIM to the Standard Segment of the Official List later this year.

Mr Simon spent 23 years with the Evode Group Plc, including 2 years as the corporate planning director and 21 years as the Managing Director and Chairman. He holds an MBA from Wharton School of Finance in Philadelphia and has a diversified range of non-executive director and chairman positions.

He is currently a Non-Executive Director of Travis Perkins Plc, a FTSE100 company where he is Chairman of the Remuneration and Health & Safety committees and a Non-Executive Director of Management Consulting Group Plc, where he is Chairman of the Remuneration Committee and a member of the Audit and Risk and the Nominations Committees.

In addition, Mr Simon has previously been Deputy Chairman of Dalkia Plc, and has also held non-executive directorships with Severn Trent Plc, Ibstock Plc, Laporte Plc, Associated British Ports Holdings Plc and Brake Bros Holdings Ltd.

The Company is continuing its previously announced search process, with the assistance of Odgers Berndtson, one of the UK’s pre-eminent executive search firms, for at least one other independent non-executive director, and a further announcement on that process will be made in due course.

The Board is pleased to announce that Lord Guthrie, the Company’s Non-Executive Director and Chairman of the Nominations Committee, has been appointed Deputy Chairman.

Commenting on today’s announcement, Simon Murray, Independent Non-Executive Chairman, said:

We are pleased to welcome our five new Non-Executive Directors to the Board.

“We are firmly focused on completing the move from AIM to the Standard Segment of the Official List before the year end. I have great confidence in the ability of this enlarged, balanced and united Board to complete this move and to continue developing the Company in the interests of all our shareholders.

“Under the guidance of Lord Guthrie, Deputy Chairman of the Company and Chairman of the Nominations Committee, we look forward to appointing one additional Non-Executive Director in due course.

(Source: Gulf Keystone)

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