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.
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.
The Company is pleased to announce that Iain McLaren (57) will be joining the board as a non-executive director with effect from July 1, 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."
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