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Echo Energy PLC - Latin America-focused exploration company - Hires ‘highly experienced geoscientist’ Stephen Birrell as new chief executive officer, effective immediately. Birrell is currently a non-executive director at Coro Energy PLC and Live Co Group PLC, and managing director at Ossian Energy Ltd. He served as a non-executive director at Ascent Resources PLC from 2020 to October this year. Echo’s current CEO Martin Hull steps down to become a non-executive director, as does Non-Executive Chair James Parsons. Company promotes Christian Yates, another non-executive director, to chair with immediate effect. Yates says Birrell ‘brings a wealth of technical and commercial experience...we look forward to leveraging his experience as we look to deliver our strategy.’
Current stock price: 0.016 pence, up 6.7% in London on Tuesday afternoon
12-month change: down 93%
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