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PetroNeft Resources CEO Dennis Francis to retire

Tuesday, 20th November 2018
PetroNeft Resources said chief executive Dennis Francis had decided to retire following his recent 70th birthday.

He would remain as a non-executive director and had agreed to assist it on a consulting basis to ensure to ensure a smooth transition for his replacement.

PetroNeft said it had initiated a search for a new CEO.

In the meantime, operations head Karl Johnson would serve as interim CEO with immediate effect.

At 8:24am: (LON:PTR) Petroneft Resources PLC share price was 0p at 1.5p

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