Dubai, United Arab Emirates - Lamprell, a provider of services to the onshore and offshore oil & gas and renewable energy industries, announced that James Moffat will stand down as CEO and as a director on June 30, 2016.
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Mr. Moffat joined Lamprell in March 2013 as Chief Executive.
He has more than 35 years of experience in the offshore engineering, construction and project management sectors.
From 1996 and until joining the Lamprell Group, Mr. Moffat was employed with KBR group of companies, working in various roles including heading up the KJV on the Gorgon Project, Australia since August 2010 and, before that, acting as VP of worldwide Offshore Construction and, subsequently VP Project Management (Asia Pacific) from 2008 to 2010.
Mr. Moffat worked for the McDermott group from 1977 to 1996 where he latterly managed the Batam facility in Indonesia.
Before his time in Indonesia, he was working for the McDermott group in Scotland, concentrating on the structural and engineering requirements for construction and load-out of jackets, decks and modules.
Mr. Moffat has a BSc (Hons) in Civil Engineering from Edinburgh University and is a member of the Institution of Civil Engineers.
Until June 2016, Mr. Moffat will continue in his role as a Director and Chief Executive Officer allowing a smooth handover of his responsibilities.
Thereafter, he has agreed to work with the Company on an exclusive consultancy basis providing advice and assistance to the Group for a period of up to one year.
John Kennedy will take on the role of Executive Chairman for the Group until the next annual general meeting of the Company in 2016.
Mr. Kennedy, a Non-Executive Chairman since June 2012, is a highly experienced engineer who spent most of his executive career in the oilfield services sector.
Mr. Kennedy started at Schlumberger and then moved to Halliburton where he ultimately held the role of Executive Vice-President.
He held the position of Executive Chairman of Wellstream Holdings Plc from 2003 until its successful acquisition by GE.
Currently he serves as an adviser to several oilfield service companies.
In 1993, Mr. Kennedy received the Sloan Fellowship from the London Business School.
He is a Chartered Engineer and Fellow of the Institution of Electrical Engineers.
Mr. Kennedy is a Non-Executive Director of CRH plc (retiring), Non-Executive Chairman of Maxwell Drummond International Limited and BiFold Group Limited.
He is a Member of the Nomination & Governance Committee of the Company.
Michael Press has decided to resign as a Non-executive Director.
Mr. Press is an Independent Director at Thermon Group Holdings, Lead Independent Director at Chart Industries, and Non-Executive Chairman at TWMA Group.
He is on the Board of Directors of Thermon Group Holdings, Chart Industries, and Thermon Holding Corp.
Mr. Press was previously employed as Non-Executive Director by Petrofac and Chief Executive Officer by KBC Advanced Technologies.
He also served on the board at RigNe and T-3 Oilco Energy Services Partnership.
Mr. Press received his undergraduate degree from Colorado College and a graduate degree from the Fu Foundation School of Engineering & Applied Science.
Mr. Press will be replaced in the role of Senior Independent Director by Company's Non-Executive Director since 2014, Ellis Armstrong.
Mr. Armstrong is a senior executive within the energy industry with wide international experience.
He worked for more than 30 years with BP, where he held a variety of operational and leadership roles including line operating roles in the North Sea and Alaska, VP for Latin America and Caribbean, Head of Technology and, most recently, CFO (Exploration & Production).
Mr. Armstrong is a Chartered Engineer with a BSc and a PhD, both in Civil Engineering, from Imperial College, and a Master’s in Business Administration from Stanford.
Mr. Armstrong is a Non-Executive Director of Lloyds Register Group, Non-Executive Director of InterOil.
He is a member of the Nomination & Governance Committee of the Company, Member of the Audit & Risk Committee, Committee Chairman.
Mel Fitzgerald and Debra Valentine were appointed as Non-executive Directors of the Company.
Mr. Fitzgerald joined the Board and Ms. Valentine will join the Board from September 1, 2015.
Mr. Fitzgerald has been in management roles within the energy industry for more than 30 years, with wide international experience covering operations and strategy all over the globe.
Currently, Mr. Fitzgerald acts as a director to a number of companies in the energy sector, notably in the role of Chairman for Suretank Group Limited (a company that manufactures tanks for the offshore oil and gas industry).
Previously, he served as the Chief Executive Officer and Board Director at Subsea 7 for five years until 2012 including driving the strategy leading to the merger with Acergy SA in 2011.
Mr. Fitzgerald has a Bachelor of Engineering (Civil/Structural) from the University of Ireland and a Masters of Business Administration from the University of Kingston.
He is also a chartered engineer.
Ms. Valentine is a seasoned executive with extensive experience in heavy industry, having led government relations, governance, risk and legal functions across complex global jurisdictions.
Ms. Valentine's current role is Group executive, Legal & Regulatory Affairs for Rio Tinto and she has been a member of Rio Tinto's Executive Committee since 2009.
She has significant expertise in competition and anti-trust issues and has been involved in a number of significant corporate transactions, including the successful defence of a hostile takeover.
Ms. Valentine previously worked at United Technologies Corporation and as a partner with the law firm O'Melveny & Myers, as well as serving as general counsel at the US Federal Trade Commission from 1997 until 2001. ■