Talos Energy CEO Tim Duncan steps down, Mills named interim chief (updated)

Talos Energy

30/08/2024 13:59

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paragraph 3 onwards)
       Aug 30 (Reuters) - Talos Energy  TALO.N  said on Friday
its CEO Tim Duncan had stepped down on Aug. 29 after serving
more than 12 years as the U.S. oil and gas firm's top boss.
    Shares of the company fell 2.7% in premarket trade. 
    The company named board member Joseph Mills, who has more
than four decades of experience in the oil and gas industry, as
its interim chief.
    Talos did not immediately respond to Reuters' questions
about Duncan's departure.
    Duncan had joined Talos as its chief executive in January
2012 and also serves as board member at natural gas producer
Chesapeake Energy  CHK.O , according to his LinkedIn profile.
    Under Duncan, Talos had been part of a handful of companies
to have made significant discoveries in oil and gas exploration
areas in offshore Mexico.     
    Talos said its board has initiated a search for a successor
in partnership with a leading executive search firm. 
    

 (Reporting by Sourasis Bose in Bengaluru; Editing by Krishna
Chandra Eluri)
 ((Sourasis.Bose@thomsonreuters.com;))