Hardy Oil and Gas CEO Ian MacKenzie resigns

10:01 21/10/2019
StockMarketWire.com - Hardy Oil and Gas announced the resignation of Ian MacKenzie, chief executive officer. The company also announced the appointment of Richard Galvin as an executive director.

Galvin had over 20 years of commercial and financial industry experience and has served Hardy for 14 years holding various management and executive roles latterly as Treasurer and Corporate Affairs Executive. Most recently, Galvin was instrumental in the company's successful sale of Hardy Exploration & Production (India)

A vote by shareholders saw the company sell of its substantially all of its assets, constituting a change of control under the terms of MacKenzie 's employment contract, leading to his resignation, the company said.

At 10:01am: (LON:HDY) Hardy Oil Gas PLC share price was 0p at 6.35p

Story provided by StockMarketWire.com



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