Gazprom Neft Appoints Tsibelman As Sibir Energy CEO
June 18 2009 - 2:50AM
Dow Jones News
A representative of Russian oil major OAO Gazprom Neft (SIBN.RS)
has been appointed new chief executive of London-listed oil
producer Sibir Energy PLC (SBE.LN), Sibir said Thursday in a
statement.
Igor Tsibelman, head of international legal affairs at Gazprom
Neft, will replace Sibir's acting CEO Stuard Detmer with immediate
effect, Sibir said.
Tsibelman, together with Gazprom Neft's Chief Financial Officer
Vadim Yakovlev, has been appointed to Sibir's board.
Wednesday, Gazprom Neft said it had become the biggest
shareholder in Sibir Energy, holding 33.6% of shares.
"The appointment of Yakovlev and Tsibelman is an important step
in re-building the Sibir board and establishing a high standard of
corporate governance for the company," said Stuard Detmer, who
remain on Sibir's board as a non-executive director
Company Web site: www.sibirenergy.com
-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 937
8445; jacob.pedersen@dowjones.com
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