Bowleven’s chief operating officer (COO) has decided to retire from his role with immediate effect.
The UK-based oil and gas company said on Monday that the COO David Clarkson would be retiring following three years of service with the company.
The company added that Clarkson would also be retiring as a director of Bowleven with effect from December 13, following the company’s annual general meeting to be held on this date.
Christopher Ashworth, chairman of Bowleven, said: “With Bowleven completing its transition to a holding company, there is no longer a role for a chief operating officer, and in line with other cost-saving measures it is appropriate to close this position.
“The board would like to thank Mr. Clarkson for his considerable service to Bowleven and for the valuable role he played in providing continuity through a period of change.”
David Clarkson has over 30 years of experience working for BP in South America, Indonesia, and the Middle East, and as a member of BP’s Upstream Group Leadership team. He holds a BSc degree in Mechanical Engineering from the University of Strathclyde and is a chartered engineer and a Fellow of the Institution of Mechanical Engineers. He was appointed to the Bowleven board in 2013.
Clarkson is one of the board members that were not voted out by the Monaco-based activist shareholder Crown Ocean Capital (COC) in March this year. Namely, five directors were voted out of the board, including the company CEO Kevin Hart, and replaced by COC’s nominees.
Offshore Energy Today Staff