Hart to Step Down from Cairn
On 20 June 2006, Cairn announced that Kevin Hart had given notice of his resignation as Finance Director of Cairn. The effective date of Kevin's resignation will be 17 November 2006, following the Extraordinary General Meeting to be held on that date in connection with the planned Initial Public Offering of Cairn India.
As previously announced, Kevin will be succeeded as Finance Director by Jann Brown, who is currently Group Financial Controller. Jann is 51 and has served on the Group Management Board of the Company for seven years. She holds an MA from the University of Edinburgh and joined Cairn in 1998 after a career in the accountancy profession, mainly with KPMG. She is a member of The Institute of Chartered Accountants of Scotland and The Chartered Institute of Taxation.
In addition, Cairn on Wednesday announced its intention to appoint Simon Thomson as Legal and Commercial Director, also with effect from 17 November 2006. Simon is 41 and joined Cairn in 1995 as a lawyer before transferring to the commercial department, which he now heads. He is currently Group Commercial Manager and has served on the Group Management Board of the Company for six years. Simon holds an Honors Law Degree from Aberdeen University and a Diploma of Legal Practice from Glasgow University.
Sir Bill Gammell, Chief Executive said:
"I am delighted with the new appointment of Simon Thomson as Legal and
Commercial Director. Simon has been a key member of the senior management team
for many years and is a well known and respected figure, both in the city and
the oil industry at large."
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