UK Oil & Gas has announced the appointment of a new chief financial officer.
Matt Gormley is a former group financial controller of the east Africa gold producer, Shanta Gold Limited, and an audit manager at account Grant Thornton.
UKOG said in a statement today the appointment was not a board position.
Chief executive Stephen Sanderson said of Matt Gormley:
“His fresh perspective from an alternate sector will be particularly valuable as UKOG seeks to expand internationally and diversify into green geothermal and hydrogen energy within the UK.”
UKOG also announced board changes to take place in January 2022.
The finance director, Kiran Morzaria, is leaving the board to become a non-executive director. Non-executive chairman, Allen Howard, becomes a part-time executive director, replaced by Nick Marden Taylor.