Vaalco CFO quits

Vaalco Energy's chief financial officer Don McCormack has resigned effective 2 June, after spending less than one year with the company.

McCormack’s departure was not related to any issues regarding financial disclosures, accounting or legal matters. He plans to spend more time with his family and pursue other opportunities.

McCormack joined Vaalco as its CFO on 1 November 2015.

The company’s chief accounting officer and controller, as well as its vice president of strategic planning, marketing and treasurer will report to the chief executive officer while the company conducts a search for a new chief financial officer.

Vaalco has engaged Russell Reynolds Associates to assist in the search process.

Image of McCormack, from LinkedIn.

Current News

Pioneering Spirit Booked for Gennaker Substation Installs

Pioneering Spirit Booked for G

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Sapura Energy Hooks Subsea Ser

RTS Wind Lands Offshore Wind Services Deal with Ørsted

RTS Wind Lands Offshore Wind S

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Philippines' PXP Energy Eyes P

Subscribe for OE Digital E‑News

Offshore Engineer Magazine