Ithaca Energy CEO Takes on New Leadership Role

North Sea oil company Ithaca Energy appoints Iain Lewis as new interim CEO following the departure of Alan Bruce.

Ithaca Energy, one of the North Sea's leading oil companies, has announced the appointment of an interim CEO, while Alan Bruce has joined removes from office.

Having led Ithaca Energy through a successful IPO and first year as a listed company, Alan Bruce has agreed with the board that he will step down from his role as chairman to pursue new opportunities.

The board will move forward with a formal search process to appoint a new executive director as soon as possible.

New CEO Iain Lewis takes on dual roles as Interim CEO and Chief Financial Officer

Until a new CEO is appointed, Iain Lewis will perform a dual role as Interim CEO with immediate effect, as well as continuing as Finance Director, working alongside Gilad Myerson, Executive Chairman and the company's leadership team.

Financial and strategic position of the oil company after successful IPO

‘I am extremely proud of what Ithaca Energy has achieved over the last few years, with the company now established as one of the UK’s largest independent operators. Having led the business through its successful IPO, I am leaving the company in a strong financial and strategic position,' said Alan Bruce.

Ithaca Energy Board Thanks and Search for New CEO

‘The Ithaca Energy Board thanks Alan for his hard work and strategic vision over the past two and a half years and wishes him well for the future. The search for a new CEO will begin as soon as possible,' added Gilad Myerson.

• Ithaca Energy assumes full ownership of the discovery of North Sea

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