Home Fossil Energy Galp searching for brand-new leader as CEO actions down ‘for household factors'
January 8, 2025, by Dragana Nikše
Ceo (CEO) and Vice-President of the board of directors of Portugal's oil and gas business Galp has actually tendered his resignation from both positions.
Illustration; Source: Galp
The Portuguese company shared the news that the previous CEO Filipe Silva chose to step down for household factors on January 7, 2025. The resignation took instant result, with Galp preparing to reveal the brand-new executive management in the coming days.
“I wish to stress the contribution Filipe has actually made to the Company over the last 12 years, a duration throughout which his devotion was very important for Galp's development. Galp's Executive Committee stays in the hands of an extremely certified group, that will guarantee the execution and execution of the business's method,” kept in mind Paula Amorim, Chairwoman of Galp's Board of Directors.
Silva held the CEO position given that January 1, 2023. He was the business's Chief Financial Officer (CFO) from July 2012 to May 2023. Before signing up with Galp, he was the CEO of Deutsche Bank in Portugal.
Silva is a graduate of Economics and Financial Management and holds a Masters' Degree in Financial Management, both from the Catholic University of America, Washington D.C.
This follows the news from completion of December that the Portuguese company discovered more light oil and gas condensate in the second of approximately 4 wells within its existing expedition and appraisal (E&A) program in license PEL 83 overseas Namibia. The well was spud utilizing Saipem's Santorini drillship.
