Kosmos Energy Appoints New Chief Financial Officer
February 24 2020 - 2:00AM
Business Wire
Thomas P. Chambers to Retire as Chief Financial
Officer, to be succeeded by Neal D. Shah
Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) (LSE: KOS) announced
today that Thomas P. Chambers, who has served as senior vice
president and chief financial officer since November 2014, has
informed the company that he will retire in May 2020.
Mr. Chambers will be succeeded by Neal D. Shah, currently senior
vice president and deputy chief financial officer. Mr. Shah has
been with Kosmos since 2010, serving in a series of roles of
increasing responsibility in finance, investor relations and, most
recently, in international operations as head of the Equatorial
Guinea business unit. Prior to Kosmos, Mr. Shah was an investment
banker at Morgan Stanley assisting oil and gas companies.
Andrew G. Inglis, Kosmos’ chairman and chief executive officer,
said, “Tom has been an inspirational leader during his over
five-year tenure at Kosmos as we transitioned from an
exploration-focused company with production from a single field in
Ghana to a diversified, full-cycle exploration and production
company. From the beginning, Tom has been an important member of my
senior leadership team and I am grateful for his contribution to
our business.”
Commenting on the promotion of Mr. Shah, Mr. Inglis said: “Neal
is uniquely qualified to be our next CFO, having served in senior
finance and operating roles at Kosmos over the last decade. Neal’s
deep financial background and knowledge of our operations will be
critical to ensuring we remain financially robust and create
long-term shareholder value.”
About Kosmos Energy
Kosmos is a full-cycle deepwater independent oil and gas
exploration and production company focused along the Atlantic
Margins. Our key assets include production offshore Ghana,
Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class
gas development offshore Mauritania and Senegal. We also maintain a
sustainable exploration program balanced between proven basin
infrastructure-led exploration (Equatorial Guinea and U.S. Gulf of
Mexico), emerging basins (Mauritania, Senegal and Suriname) and
frontier basins (Cote d'Ivoire, Namibia, Sao Tome and Principe and
South Africa). Kosmos is listed on the New York Stock Exchange and
London Stock Exchange and is traded under the ticker symbol KOS. As
an ethical and transparent company, Kosmos is committed to doing
things the right way. The Company’s Business Principles articulate
our commitment to transparency, ethics, human rights, safety and
the environment. Read more about this commitment in the Kosmos 2018
Corporate Responsibility Report. For additional information, visit
www.kosmosenergy.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical facts, included in this press
release that address activities, events or developments that Kosmos
expects, believes or anticipates will or may occur in the future
are forward-looking statements. Kosmos’ estimates and
forward-looking statements are mainly based on its current
expectations and estimates of future events and trends, which
affect or may affect its businesses and operations. Although Kosmos
believes that these estimates and forward-looking statements are
based upon reasonable assumptions, they are subject to several
risks and uncertainties and are made in light of information
currently available to Kosmos. When used in this press release, the
words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will”
or other similar words are intended to identify forward-looking
statements. Such statements are subject to a number of assumptions,
risks and uncertainties, many of which are beyond the control of
Kosmos, which may cause actual results to differ materially from
those implied or expressed by the forward-looking statements.
Further information on such assumptions, risks and uncertainties is
available in Kosmos’ Securities and Exchange Commission (“SEC”)
filings. Kosmos undertakes no obligation and does not intend to
update or correct these forward-looking statements to reflect
events or circumstances occurring after the date of this press
release, except as required by applicable law. You are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. All
forward-looking statements are qualified in their entirety by this
cautionary statement.
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Investor Relations Jamie Buckland +44 (0) 203 954 2831
jbuckland@kosmosenergy.com
Rhys Williams +1-214-445-9693 rwilliams@kosmosenergy.com
Media Relations Thomas Golembeski +1-214-445-9674
tgolembeski@kosmosenergy.com
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