Sterling Energy Appoints Jeffrey MacDonald Independent Nonexecutive Chairman

By Anthony O. Goriainoff

Sterling Energy PLC said Tuesday that it has appointed Jeffrey MacDonald as independent nonexecutive chairman, and Gavin Wilson as nonexecutive director, with immediate effect.

The upstream oil-and-gas company said Mr. MacDonald, former founder and CEO of Caledonia Oil & Gas Ltd., was previously managing director with private-equity firm First Reserve. He has also held the position of interim CEO at KrisEnergy Ltd.

The London-listed company said Mr. Wilson was previously investment director at Meridian Capital Ltd., a Hong Kong-based international investment firm.

Shares at 0855 GMT were flat at 16.75 pence.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

March 30, 2021 05:19 ET (09:19 GMT)

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