Gulf Keystone Petroleum (LSE: GKP) confirms that it is in the process of appointing Jón Ferrier as CEO. Following a brief transition period, John Gerstenlauer will retire as CEO and, at the forthcoming Annual General Meeting, as a director of the company.
Ferrier will join Gulf Keystone as CEO following three decades spent in exploration, commercial, strategic, and leadership positions in the oil and gas and mining industries. Ferrier, a geologist by training, was most recently senior vice president of business development, strategy and commercial at Maersk Oil in Copenhagen. He has international experience, including in the Kurdistan Region of Iraq, and has led the delivery of complex projects on time and within budget in the Middle East.
Prior to Maersk Oil, Ferrier's oil and gas experience was gained with ConocoPhillips, Paladin Resources PLC, and Petro-Canada/Suncor, in a number of regions. He has a Bachelor of Science degree in geology from UCW Aberystwyth and a Master of Science degree awarded with distinction from the Royal School of Mines, Imperial College in London, and has undertaken executive programs at IMD, Ivey, Thunderbird, and Harvard.