16th May 2014 13:27
LONDON (Alliance News) - Altona Energy PLC said Technical Director Peter Fagiano passed away Friday morning after battling a long illness.
Chief Executive Chris Lambert along with the company's advisers have been covering Fagiano's role since early 2014.
A permanent replacement for Fagiano, who joined the company in 2010 will be announced in due course.
"It is with huge regret that I can confirm that Peter Fagiano has finally given up his struggle against a long and painful illness - a struggle he maintained with characteristic courage and fortitude," Lambert said in a statement.
Altona shares were quoted down 5.3% at 1.2075 pence Friday.
By Anthony Tshibangu; [email protected];
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