Tullow Oil PLC will begin a search for a new chief financial officer as Les Wood, the company’s chief financial officer and executive director, has mutually agreed with the board that he will step down, the company said in a Sept. 15 release.
The process is expected to conclude in first-quarter 2022. Wood will remain chief financial officer and an executive director throughout the current reporting cycle and is expected to leave the group at end March 2022.
Wood joined Tullow in 2014 as the group's vice-president for commercial and finance and was appointed interim chief financial officer in January 2017. He was appointed to the board as an executive director and chief financial officer in June 2017.