CFO takes over at Island Oil and Gas

The CFO of Island Oil and Gas will take control of the company’s commercial
business following company director Karl Prenderville’s announcement today that
he plans to step down.

Carl Kindinger, 57, was appointed to the top financial job in October of this
year, having already served as non-executive director on Island’s board for
around two years.

Prenderville, who is standing down to pursue other ventures, will remain with
the company until the end of the year to assist with a handover.

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