Oil Search boss Keiran Wulff resigns over health condition

Reuters
2 minute read
July 19 (Reuters) - Oil Search (OSH.AX) Managing Director Keiran Wulff has resigned 17 months after taking charge over a long-term medical condition that the Papua New Guinea-focused company said had recently deteriorated.
The board had been in discussions with Wulff over complaints about his behaviour, Chairman Rick Lee said in a statement on Monday.
Lee said the board considered Wulff's behaviour was "inconsistent with the standards expected by the Board in relation to his management style."
Since Wulff took over from his long-serving predecessor, there have been a slate of extreme events including lockdowns, a plunge in oil prices, emergency measures to secure the company's financial position, and the need for a sustainable strategy focused on energy transition, he said.

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