Kosmos Energy Strengthens Board of Directors
July 19 2019 - 1:00AM
Business Wire
Kosmos Energy (NYSE: KOS) (LSE: KOS) announced today that Mr.
Steven Sterin has joined its Board of Directors, effective as of
July 18, 2019.
Mr. Sterin is a senior executive with more than 25 years of
extensive oil and gas, manufacturing, and financial experience. Mr.
Sterin currently serves on the Board of Directors of DuPont de
Nemours, Inc. and is the Chair of its Audit Committee and a member
of its Environment, Health, Safety and Sustainability Committee. He
also serves as a Senior External Advisor to McKinsey &
Company.
Most recently, Mr. Sterin was Executive Vice President and Chief
Financial Officer of Andeavor and Andeavor Logistics from 2014
until the merger with Marathon Petroleum Company in October 2018.
He also served as President of Andeavor Logistics from 2017 to
October 2018 and was a member of the Board of Directors for
Andeavor Logistics GP, LLC from 2014 to 2018. He was also
responsible for Corporate Strategy & Business Development for
both companies from 2016-2017. Before joining Andeavor, Mr. Sterin
was the Senior Vice President and Chief Financial Officer for
Celanese Corporation, a global technology and specialty material
company, a position he held for seven years. Prior to that, he
served as Corporate Controller and Principal Accounting Officer for
Celanese, as well as held other financial and business leadership
roles. Mr. Sterin holds a Master’s degree in Professional
Accounting and a Bachelor’s degree in Business Administration and
Accounting, which he earned concurrently at the University of Texas
at Austin. He is also a Certified Public Accountant in Texas.
“We are delighted to have Steven join Kosmos’ Board of
Directors,” said Andrew G. Inglis, Chairman and Chief Executive
Officer. “He has a successful track record of delivering
shareholder value as part of the executive leadership of Celanese
and Andeavor. I am confident he will provide extensive financial
expertise and fresh insights as we continue to build a full-cycle
exploration and production company.”
About Kosmos Energy
Kosmos is a full-cycle deepwater independent oil and gas
exploration and production company focused on the Atlantic Margins.
Our key assets include production offshore Ghana, Equatorial Guinea
and U.S. Gulf of Mexico, as well as a world-class gas development
offshore Mauritania and Senegal. We also maintain a sustainable
exploration program balanced between proven basin
infrastructure-led exploration (Equatorial Guinea and U.S. Gulf of
Mexico), emerging basins (Mauritania, Senegal and Suriname) and
frontier basins (Cote d'Ivoire, Namibia and Sao Tome and Principe).
Kosmos is listed on the New York Stock Exchange and London Stock
Exchange and is traded under the ticker symbol KOS. As an ethical
and transparent company, Kosmos is committed to doing things the
right way. The Company’s Business Principles articulate our
commitment to transparency, ethics, human rights, safety and the
environment. Read more about this commitment in the Kosmos 2018
Corporate Responsibility Report. For additional information, visit
www.kosmosenergy.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical facts, included in this press
release that address activities, events or developments that Kosmos
expects, believes or anticipates will or may occur in the future
are forward-looking statements. Kosmos’ estimates and
forward-looking statements are mainly based on its current
expectations and estimates of future events and trends, which
affect or may affect its businesses and operations. Although Kosmos
believes that these estimates and forward-looking statements are
based upon reasonable assumptions, they are subject to several
risks and uncertainties and are made in light of information
currently available to Kosmos. When used in this press release, the
words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will”
or other similar words are intended to identify forward-looking
statements. Such statements are subject to a number of assumptions,
risks and uncertainties, many of which are beyond the control of
Kosmos, which may cause actual results to differ materially from
those implied or expressed by the forward-looking statements.
Further information on such assumptions, risks and uncertainties is
available in Kosmos’ Securities and Exchange Commission (“SEC”)
filings. Kosmos undertakes no obligation and does not intend to
update or correct these forward-looking statements to reflect
events or circumstances occurring after the date of this press
release, except as required by applicable law. You are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. All
forward-looking statements are qualified in their entirety by this
cautionary statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20190718005837/en/
Investor Relations Jamie Buckland +44 (0) 203 954 2831
jbuckland@kosmosenergy.com
Rhys Williams +1-214-445-9693 rwilliams@kosmosenergy.com
Media Relations Thomas Golembeski +1-214-445-9674
tgolembeski@kosmosenergy.com
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