30th Apr 2019 13:30
LONDON (Alliance News) - Diversified Gas & Oil PLC on Tuesday announced the immediate change to the chair of its board.
Non-Executive Chair Robert Post will move to the role of non-executive director, while current Senior Independent Non-Executive Director David Johnson will become chair.
Chief Executive Rusty Hutson said: "This board shuffle does not change the composition of the board; however, it does place a larger emphasis on the value of independent governance.
"We are delighted David will assume the role as chair and look forward to the continued benefit of the wise guidance both David and Robert have contributed to the board since the company's flotation in February 2017."
Diversified shares were up 2.7% Tuesday afternoon at 125.25 pence.
Related Shares:
DGOC.L