Lamprell Appoints New CEO

Oilfield services firm Lamprell plc announced Wednesday that Christopher McDonald has been appointed as the company’s new CEO and director, effective October 1.

McDonald will succeed Jim Moffat, who will be retiring from the position September 30. The new CEO previously held the role of executive vice president and group head of business development at Petrofac. Prior to joining Petrofac, he spent 18 years with Halliburton/KBR.

McDonald will join Lamprell September 13, with Moffat taking on a part-time consultancy role from mid-November until March 31, 2017.

"I am absolutely delighted that we have managed to secure the appointment of someone of Christopher's calibre and experience. He has an outstanding track record with two of the most respected companies in our industry and he brings a significant depth of leadership capability and market knowledge," said Lamprell Chairman John Kennedy.

“I am confident that we have secured an outstanding executive to lead the business through the challenging market conditions that we are facing and to succeed Jim Moffat who has made a significant contribution to the success of the business since taking up his role in March 2013," he added.

“I am also pleased that Jim will continue to serve the company in a part time consultancy role which will provide a smooth transition. On behalf of the board I thank Jim for his efforts and significant achievements during the last three years," Kennedy continued.



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