NEO Energy Board and Executive Team changes

NEO Energy (“NEO”) today announces the following changes to its Board and Executive team.

Paul Harris (Chief Executive Officer) and Martin Rowe (Chief Technical Officer) are stepping down from their executive positions today. They will both continue to support the business until the end of the year to assist with an orderly transition of their responsibilities. Paul will then retire and Martin will depart the business.

Andy McIntosh has been appointed as Chief Executive Officer and Craig McKenzie has been appointed as Chief Operating Officer. Andy and Craig are both internal appointments having previously worked as General Counsel & Director of Business Services, and Head of Operations respectively.

Martin Bachmann (Chairman), David Gair (non-executive Director) and Fiona Hill (non-executive Director) have each stepped down from their Board positions. John Knight has been appointed as Executive Chair of the Board alongside his fellow non-executive Directors Einar Gjelsvik, Tim Dodson and Grethe Moen. Kristin Gjertsen also joins the NEO Board as a non-executive Director. HitecVision and the NEO Board would like to thank all of the departing Board and Executive team members for their significant contributions to NEO’s growth.

Enquiries:

Camarco                                                                                                                             

Billy Clegg / Sam Morris

+44(0)203 757 4980