23rd Apr 2019 16:44
LONDON (Alliance News) - Phoenix Global Resources PLC on Tuesday said Chief Executive Anuj Sharma has resigned with immediate effect.
The oil & gas company said it appointed Non-Executive Director Tim Harrington as interim chair of the executive committee, pending the recruitment of a new CEO, and will work with the chief financial officer and chief operating officer.
"The board believes strongly in the company's strategy and we are confident in Tim's ability to lead the company as we conduct a search for a new CEO," said Chair Michael Rake.
Phoenix Global Resources shares closed flat on Tuesday at 17.85 pence each.
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