Sterling Energy plc, the AIM listed energy company with activities in the Gulf of Mexico and Africa, has announced the appointment of Mr. Christopher Callaway as a non-executive director of the Company with immediate effect.
Mr. Callaway joined the “City” in 1973, initially with the London Stock Exchange and in 1983, he moved to Capel Cure Myers (subsequently ANZ Merchant Bank) in the role of corporate finance adviser, specialising in small and medium sized growth companies. He became a partner at Coopers & Lybrand in 1990 before joining Beeson Gregory in 1995. Beeson Gregory was subsequently taken over by the Evolution Group in 2002 and on the merger Mr. Callaway became Joint Head of Corporate Finance, retiring in December 2004. Since then, Mr. Callaway has been involved in the flotation of a number of companies of which he is both an investor and a director.
Mr. Callaway will join the Audit, Remuneration and Nominations committees of Sterling.
Richard O’Toole, Chairman of Sterling Energy commented:
“I am delighted to welcome Chris Callaway to the Board of Sterling. His long experience of the City and advising growth companies will be of great benefit to Sterling as we seek to deploy the significant cash that will shortly begin to flow from our investment in the Chinguetti field, offshore Mauritania.”
