Clough Names New CEO

Clough announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August.

Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside Energy, where he has led oil and gas operations in Australia, the USA and North and West Africa. Mr Gallagher currently holds the positions of Executive Vice President, North West Shelf Business Unit and CEO of North West Shelf Venture at Woodside. During Mr Gallagher's tenure Woodside's North West Shelf LNG project achieved new revenue and production records.

"After an extensive local and international search, I am delighted to welcome Kevin Gallagher as Clough's new CEO," said Clough's Chairman Keith Spence.

"Kevin has held senior management and executive positions on many high profile Australian oil and gas projects in the past 11 years. He has an established track record in strategy development, execution, and building and motivating high performance teams. He also has significant experience working in complex contractual environments.

"I would also like to acknowledge and thank John Smith for his contribution during his four years as CEO of Clough. During his tenure John successfully guided Clough through turbulent times to return the company to profitability. John leaves the company in an excellent position, with a strong balance sheet and a robust order book of world class projects.

"Under Kevin's leadership I believe we can build on this strong market position to achieve the next phase of growth."