Erin Energy appoints Hofmeister as chairman, Omidele as CEO

Erin Energy Corp. (NYSE MKT: ERN) (JSE: ERN) has appointed John Hofmeister, a former president at Shell Oil Co., as chairman of the company’s board. Erin has also appointed Segun Omidele, currently COO, as the company’s CEO.

Hofmeister’s appointment will be effective the day immediately following Erin Energy’s annual meeting of shareholders, expected to take place in late May, when Erin’s current chairman and CEO, Kase Lawal, has decided to retire as an officer and director.

Like Hofmeister, Omidele will assume the role following Erin’s Annual Meeting in May, starting an orderly leadership transition over the next three months.

Hofmeister, as president of Shell Oil Co., led its US Country Coordination Team of Businesses/Functions of the Shell Group in the US. He has also held key executive leadership positions at General Electric, Nortel, and Allied Signal (now Honeywell International), and currently serves on the boards of Hunting plc and Applus Services SA. He is also a member of the National Petroleum Council in Washington, DC.

Omidele, a 36-year exploration and production professional, has been with Erin since 2011. He also served as senior vice president for exploration and production for Allied Energy Corp. from 2008 to 2011. Prior to Allied Energy, Omidele held various senior technical and management positions with Shell Oil companies in Nigeria, the UK, and the US for more than 28 years. He holds a master’s degree in petroleum engineering from the University of Houston, and is a graduate of the Advanced Management Program from Harvard University.

Erin Energy is an independent oil and gas exploration and production company focused on energy resources in Sub-Saharan Africa.


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