Cairn Energy adds new board member

Oil and gas company Cairn Energy has appointed Nicoletta Giadrossi as an independent non-executive director effective from January 10, 2017.

Cairn said on Tuesday that Giadrossi would also become a member of the company’s remuneration committee.

She holds a BA in Mathematics & Economics from Yale University and an MBA from Harvard Business School.

Her career began with The Boston Consulting Group before moving to General Electric where she held a series of management roles in several European divisions in Equipment and Capital Goods before managing GE’s Oil & Gas Refinery & Petrochemicals Division based in Florence.

Giadrossi later moved to Norway to work as an Investment Director in Aker, where she was responsible for overseeing the main portfolio company, Aker Solutions, and also was a member of its board of directors. She was subsequently appointed Head of Operations at Aker Solutions.

In 2014, she took up the role of President Europe, Africa, Russia, and India at Technip, where she had oversight of €3.7 billion ($3.92 billion) revenues, more than 10,000 employees and responsibility for onshore, offshore, and subsea activities in the region.

Following Technip’s merger with FMC, Giadrossi focused on non-executive director roles, and she is currently an independent non-executive board member at Fincantieri, Bureau Veritas, and Faiveley Transport, as well as on the Board of Senior Advisors for Bain Capital Partners.

Ian Tyler, Chairman of Cairn, said: “I am delighted to welcome Nicoletta Giadrossi to the Cairn Energy Board. Nicoletta brings a wealth of international senior management and oil and gas industry experience. Her appointment will bring additional breadth to our Board and provide a different perspective on our business.”

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