Offshore staff
LONDON — After six years as CEO of Serica Energy, Mitch Flegg will step down from this role and as a director of the company. He has spent about 40 years in the industry.
This change is expected to take place after publication of the company’s 2023 full-year financial results. Flegg will remain as an adviser to Serica until after the company’s 2024 AGM, expected to be held in June 2024.
David Latin, the current chairman of the board, will take on the role of interim CEO until a long-term successor is appointed.
Flegg successfully led Serica through the integration of the Bruce/Keith/Rhum assets acquired in 2018, and the acquisition and integration of Tailwind Energy in 2023.
The board has started the search for a successor to lead the company. The search for a new CEO will be led by Malcolm Webb, chairman of the nominations committee and SID, supported by external advisers.
In early December 2023, Serica announced its CIO Steve Edwards, former Tailwind COO Dave Freeman and former Tailwind Executive Director Tom Ujejski will be ending their roles with Serica by the end of March 2024.
And in late November 2023, Serica announced Martin Copeland will succeed Andy Bell as CFO.
02.01.2024
