Tap Oil chairman joins Trinity board
- Business & Finance
Trinity Exploration and Production, an oil and gas explorer with assets in Trinidad and Tobago, has appointed James Menzies as a non-executive director, effective June 23.
According to Trinity’s statement on Monday, Menzies will serve as chairman of the Remuneration Committee and also serve as a member of the Audit Committee of the board.
Angus Winther will assume the role of chairman of the Audit Committee as Jonathan Murphy has decided to step down from the board following the conclusion of the company’s 2017 Annual General Meeting on June 23.
The newly appointed board member of Trinity is currently the executive chairman of Tap Oil, the Australian listed independent E&P company, and is based in London. He brings to the board 32 years of experience within the oil and gas industry both as a technical practitioner and as a senior executive and comes with a broad range of industrial and corporate experience.
Menzies was the founder of Salamander Energy and was its CEO up until its takeover by Ophir Energy that valued the business at $850 million.
Bruce A. I. Dingwall, executive chairman of Trinity, said: “His background and first-hand industry experience will provide the board with additional perspective and combined with our existing board members, provides us with the appropriate industry, M&A, and capital markets experience as we seek to grow and develop Trinity’s oil and gas business in this new phase for the company.
“On behalf of the board, I would like to express our thanks and to acknowledge Jon’s invaluable contribution during his tenure on the board, particularly during the difficult times faced by the company last year.”