Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that, having served on the Board for over five years, David Segel is stepping down from his position as a Non-Executive Director of the Company.
David remains fully supportive of the Company’s long-term strategy and has worked closely with the Board to find a suitably qualified replacement. Following an extensive and thorough independent search process, the Company is delighted to announce the appointment of Kaat Van Hecke as an independent Non-Executive Director, replacing David, with immediate effect. Kaat will sit on the Audit and Remuneration Committees of the Board and will become the board member responsible for oversight of the HSSE function. Preng & Associates assisted in the search.
Kaat has over 25 years’ experience in the oil & gas industry and has a strong operations background, having started her career as a Production Engineer with ExxonMobil and Shell in Europe and Nigeria. As the Operations Planning Manager at Sakhalin Energy – in the far east of Russia – she played a key integration role in the start-up of the 450,000 boepd company. At OMV, Kaat led the first strategic review and new corporate planning cycle for Upstream to later become Senior Vice President Austria Upstream.
Kaat also has public company experience and currently holds independent Non-Executive Director roles at Nostrum Oil & Gas Plc and Glover Gas & Power B.V./ Axxela Limited. During Kaat’s tenure at Nostrum she spent nine months as Interim CEO in Kazakhstan whilst a permanent replacement was put in place.
David Segel commented:
“It has been an honour and privilege to serve on the board of Trinity for the past five years and as a shareholder I look forward to continuing to lend my support where appropriate. I would like to offer my best wishes to the Trinity team as they take the Company forward and deliver on their strategic plans.”
Nick Clayton, Non-Executive Chairman, commented:
“On behalf of the Company I am delighted to welcome Kaat to the team. Kaat has a strong operational and public company background, which will be a great asset as we focus on scaling our business. We would also like to place on record our thanks to David whose support has been instrumental in helping the Company to grow into the entity that it is today.”