24th Jun 2014 08:13
LONDON (Alliance News) - Kenmare Resources PLC Tuesday said Non-Executive Director Steven McTiernan will become its non-executive chairman because Justin Loasby is retiring due to ill health.
McTiernan, who joined Kenmare's board as a non-executive in March 2013, has over forty years experience in the natural resources and investment banking industries, having worked at Amoco, BP, NatWest Markets, CIBC and the Chase Manhattan Bank. He has also been on the boards of Tullow Oil PLC, Quantum Minerals, and Songa Offshore.
Kenmare shares were down 3% at 10.675 pence Tuesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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