AWE’s CEO and managing director to step down

AWE’s managing director and chief executive officer, Bruce Clement, will step down during 2016 after five and a half years in the role.

The company said in a statement that it has commenced a search for a new CEO, while continuing to focus on delivery of its growth projects.

AWE chairman, Bruce Phillips said that until he steps down, Clement will continue as MD and CEO.

His main focus will be to drive the development of AWE’s onshore gas projects in Western Australia, and lead the implementation of the company’s strategy to address the impact of the fall in global oil prices to ensure AWE can continue to advance its growth projects in a lower oil price environment.

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Image: AWE