Trinidad and Tobago-focused Trinity Exploration & Production Plc announced Monday that Bryan Ramsumair has stepped down as the company’s chief financial officer.
Following Ramsumair’s departure, Jeremy Bridglalsingh has assumed the role of CFO for Trinity. Bridglalsingh has previously held the roles of financial controller and corporate development manager during his last four years with Trinity. The role of CFO is not currently a board position.
In a company statement on the latest management changes, Trinity said:
“The board wishes to thank Bryan for his contribution to date and wishes him well in his future endeavours.
“The company, as part of its strategic review, has continued to make progress in re-basing its cost structure by reducing its general and administrative costs, and its operating expenditures, to reduce breakeven levels. Jeremy has been an integral part of this process and in leading discussions with suppliers and creditors. Several initiatives have been made and are underway with further significant cash cost reductions expected to be fully realised during 2016.”
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you