Kosmos elects replacement as CFO decides to retire
- Business & Finance
U.S.-based oil and gas company Kosmos Energy has informed that Thomas P. Chambers, who has served as senior vice president and chief financial officer since November 2014, will retire in May 2020.
Kosmos said on Monday that Chambers would be succeeded by Neal D. Shah, currently senior vice president and deputy chief financial officer.
Shah has been with Kosmos since 2010, serving in a series of roles of increasing responsibility in finance, investor relations and, most recently, in international operations as head of the Equatorial Guinea business unit.
Prior to Kosmos, Shah was an investment banker at Morgan Stanley assisting oil and gas companies.
Andrew G. Inglis, Kosmos’ chairman and chief executive officer said, “Tom has been an inspirational leader during his over five-year tenure at Kosmos as we transitioned from an exploration-focused company with production from a single field in Ghana to a diversified, full-cycle exploration and production company. From the beginning, Tom has been an important member of my senior leadership team and I am grateful for his contribution to our business.”
Commenting on the promotion of Shah, Inglis said: “Neal is uniquely qualified to be our next CFO, having served in senior finance and operating roles at Kosmos over the last decade. Neal’s deep financial background and knowledge of our operations will be critical to ensuring we remain financially robust and create long term shareholder value.”
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