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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.
Oil Search Says Boss Resigns for Health Reasons
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