Woodside Petroleum’s Executive Director Robert Cole has resigned its position and, according to Beach Energy, Cole has been appointed as its new Managing Director effective June 1, 2015.
Woodside says that Cole’s resignation will be effective immediately and adds that he has also resigned as Executive Vice President Corporate and Commercial. Cole joined the Board of Woodside in February 2012 and was one of only two Executive Directors, including the Managing Director.
Cole holds tertiary qualifications in science and law. Beach notes that Cole has a broad experience across strategy and planning, upstream commercial marketing and trading, human resources, corporate affairs, and joint venture management.
Glenn Davis, the Chairman of Beach, said: “We are delighted to have a person the calibre of Rob, an Executive Director at a great company like Woodside, joining us as our Managing Director. Mr Cole brings tremendous industry experience and understanding, with a deep skill set in values based leadership, strategy planning and execution, and the Board was impressed with Rob’s clarity of purpose and communication.”
Beach Energy said that there will be an orderly transition and handover once Reg Nelson ceases his role as Managing Director and added that at that point in time, Cole will join the Board as a director.