Roc Oil CFO headed to Santos

Published

Santos has appointed Anthony Neilson as its new chief financial officer (CFO), effective December 2016, following the retirement of the company's current CFO.

Neilson is a chartered accountant with significant experience in the oil and gas sector within the UK, China, Southeast Asia and Australia. He is currently the CFO of Roc Oil, which was acquired in 2014 by Hong Kong-listed investor Fosun International.

Previously, he was CFO of ROC and has held commercial, finance and business services roles at Caltex Australia, Credit Suisse First Boston and Arthur Andersen. Neilson holds a Masters of Business Administration from AGSM and is a fellow of the Financial Services Institute of Australasia and a member of Chartered Accountants Australia and New Zealand.

Santos managing director and CEO Kevin Gallagher said, “Anthony has over 14 years’ experience in upstream and downstream oil and gas. His strong financial and risk management skills will further enable Santos to reduce costs, increase operating cashflow and manage its balance sheet to create value for its shareholders. Anthony will join a new executive committee which has the technical capabilities needed to transform Santos into a reliable, low cost and high performance business.”

Santos's current CFO, Andrew Seaton, recently announced his retirement from Santos, and will remain with the company to ensure an orderly transition.

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