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Cooper Energy (ASX:COE) appoints Jane Norman as CEO and MD

ASX News, Energy
ASX:COE      MCAP $567.6M
19 December 2022 13:47 (AEST)

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Cooper Energy (COE) has appointed Jane Norman as its new CEO and Managing Director, effective from March 20.

Ms Norman brings to the company 30 years of industry experience in the energy markets, where she has played key roles in the growth strategy of some of Australia’s biggest energy giants.

“After a rigorous search, we are delighted Ms Norman has agreed to join Cooper Energy as its new Chief Executive Officer and Managing Director,” Cooper Chairman John Conde said.

“Jane is a highly experienced energy industry executive who has enjoyed a successful international career in the oil and gas industry, predominantly with Shell and Santos.”

She will take on an $800,000 annual salary along with short- and long-term incentives both worth a maximum of 125 per cent of her total fixed annual remuneration

The news comes after David Maxwell’s announcement in October of his intention to retire from the top job.

Mr Maxwell said he’s supportive of the new appointment and is looking forward to working with the incoming CEO to ensure a smooth transition.

Cooper Energy was up 5.88 per cent and trading at 18 cents at 1:45 pm AEDT.

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