NON-EXECUTIVE director Andy Yeo has stepped into the CFO role at Wessex Exploration.
Yeo, who has served as a non-exec at the south-west oil explorers since March 2010, takes the top finance role.
Malcolm Butler, chairman, said: “Andy was instrumental in the AIM flotation of Wessex and the subsequent fundraising. I am delighted that he has agreed to increase his responsibilities.”
Yeo carries on as CEO of Wessex-affiliated business Bluebird Energy.
Wessex is valued at £48.9m on the stock exchange. It share price was static in this morning’s trading, at 6.75p.
For more companies and markets data, visit the Share Price Centre
We discuss the Accountancy Age Top 50+50 supported by Sage; growth at Menzies; and the provision of value-added services
A financial controller who defrauded his company by nearly £25,000 has been jailed for 18 months
An Aberdeenshire director has been disqualified for failing to ensure her restaurant company kept adequate books and records
The director of a company set up to market a fuel-saving device has been disqualified for failing to maintain and preserve proper records