Directorate Change

RNS Number : 1871V

Cairn Energy PLC

23 May 2008

 



FOR IMMEDIATE RELEASE

23 May 2008

CAIRN ENERGY PLC ('Cairn' or the 'Company')

BOARD CHANGES

RETIREMENT OF ANDREW SHILSTON

Cairn announces that Andrew Shilston, a non-executive director, retired from the board of directors at the conclusion of the Company's Annual General Meeting, held today in Edinburgh.

Andrew Shilston was appointed to the board in 2004 and served as chairman of the audit committee. 

The board wish to thank Andrew for his significant contribution over the past four years, both as a board member and as chairman of the audit committee.

APPOINTMENT OF IAIN MCLAREN, NON-EXECUTIVE DIRECTOR

The Company is pleased to announce that Iain McLaren (57) will be joining the board as a non-executive director with effect from 1 July 2008. He will succeed Andrew Shilston as chairman of the audit committee.

Iain was formerly Senior Partner of KPMG in Scotland and has significant experience of the oil and gas sector. He is a director of the Scottish Council for Development and Industry and Chair of the Oversight Board of the Institute of Chartered Accountants of Scotland.

Norman Murray, Chairman of Cairn, said: 'The board are delighted with Iain's appointment. His knowledge of the oil and gas sector together with his experience in the accounting profession will benefit the board's deliberation.'

There are no disclosures to be made pursuant to paragraphs 9.6.13(1) to 9.6.13(6) of the Listing Rules. 

 

END

 

 

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