Retirement of Director
Pantheon Resources plc announced the retirement of Non-Executive Director Jay Cheatham, who had served the company for over 17 years, including as former Chief Executive Officer until early 2025. This retirement aligns with succession plans previously communicated in February 2025. The Board expressed gratitude for Cheatham's significant contributions to the Group's development.
Select text to share a quote on X · sign in to keep highlights & notes in your PANR notes
The Board of Pantheon Resources plc (AIM: PANR, OTCQX: PTHRF) ("Pantheon", the "Group" or the "Company"), the oil and gas company developing the Kodiak and Ahpun oil fields immediately adjacent to pipeline and transportation infrastructure on Alaska's North Slope, announces that, in line with the succession plans announced in February 2025, Jay Cheatham, Non-Executive Director and the Company's former Chief Executive Officer, formally retired at a meeting of the board of directors on Friday, 12th December, 2025.
Jay joined the Board in 2008 and served as Chief Executive Officer until early in 2025, and since stepping down as CEO he continued to serve as a Non-Executive Director.
The Board wishes to place on record its sincere thanks to Jay for his long and distinguished service to the Company and its shareholders. His leadership, commitment, and experience have played a central role in shaping the Group over more than 17 years. The Board extends its very best wishes to him for the future.
David Hobbs, Chairman, commented:
"On behalf of the Board, I would like to reiterate our deep appreciation for Jay's exceptional contribution to the Company over 17 years. His dedication and wisdom have been instrumental in the Group's development."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.