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IN BRIEF: IGas Energy appoints interim chair Chris Hopkinson as CEO

ALN

IGas Energy PLC - London-based onshore energy company - Appoints Chris Hopkinson as chief executive officer. Hopkinson first joined IGas in January last year, and has been the interim executive chair since September.

Hopkinson says: ‘This is an exciting time for IGas and I look forward to driving our performance as we continue to maximise the value of our existing assets and pivot into renewable energy by growing a geothermal business of scale.’

IGas also appoints Philip Jackson as non-executive chair. Jackson has been a non-executive director since 2017, when he was appointed by Kerogen Capital following a refinancing of IGas. He now has no remaining affiliations with Kerogen.

Jackson says: ‘I am delighted that Chris has been appointed CEO, he has already made a significant contribution to the business since stepping into the role of Interim Executive Chairman in September 2022.’

Current stock price: 15.67 pence, down 1.4% in London on Thursday afternoon

12-month change: down 39%

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