Ithaca Energy CEO Luciano Vasques to step down
Ithaca Energy CEO Luciano Vasques to step down Oct 16 (Reuters) - Oil and gas producer Ithaca Energy ITH.L on Friday said that CEO Luciano Vasques intends to retire by March 31, 2027.
The company said that the board has commenced the search for a successor
Vasques, formerly Eni ENI.MI UK managing director, was appointed to lead the combined group after Ithaca bought all of Eni's UK oil and gas producing assets in 2024
In his three years, he led the group through the business combination with Eni UK and through multiple acquisitions to expand its portfolio
Under Vasques' tenure, shares of the company have nearly tripled in value
(Reporting by Simone Lobo in Bengaluru; Editing by Mrigank Dhaniwala)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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