Interesting that the Board has not provided more information on the proposed replacement Directors, so pulled the following off the web.
Look like very capable people with Glenda McLoughlin and Michael O'Brien already having about 13 years prior experience with Metgasco. So they should know which way is up. I think I have picked the right Stuart Glenn, but could be incorrect. He has a very good background to add value and independence.
No wonder the Board wants to limit distribution of this information as it shows a much broader experience with small companies and CSG development than the current Esso club Board and management.
Glenda McLoughlin
Director, Chief Financial Officer & Company Secretary Metgasco 2004 – 2012 (8 years)
Director, Investment Banking, Head of Utilities & Infrastructure Group Barclays Capital, April 1999 – April 2001 (2 years 1 month)
Vice President, Investment Banking Morgan Stanley, May 1994 – February 1998 (3 years 10 months) Melbourne & Singapore
Associate Director, Investment Banking Credit Suisse First Boston, April 1992 – May 1994 (2 years 2 months) Melbourne Area, Australia
Consultant, Strategy & Marketing Group Price Waterhouse Management Consultants, February 1988 – February 1992 (4 years 1 month) Sydney
There is also a very good interview on Lateline Business, see http://www.abc.net.au/lateline/business/items/201111/s3365210.htm
Michael O’Brien
Mick was the Chief Operating Officer of Metgasco Limited previously served as the General Manager of Development of Metgasco Ltd., from February 2008. Mr. O'Brien has an extensive experience in the development and construction of pipelines, power stations and compressor station projects.
He was responsible for the Coal Seam Gas group within WorleyParsons and was directly responsible for engineering design and construction of a number of coal seam gas fields now in operation in Queensland. He has been heavily involved in the development of a number of major energy infrastructure projects in Australia including the construction of the Jackson to Moonie pipeline.
Mr. O'Brien's career includes experience with Evans Deakin and Santos where he was responsible for engineering design, construction and commissioning of gas treatment plants, gas metering units, glycol plant and gas pipelines.
Stuart Glenn
Currently
Chairman at Fyfe Alliance Pty. Ltd.
Non Executive Director at Sage Group Holdings
Non Executive Director at SGS Economics and Planning
Past
Chief Operating Officer and President at Parsons Brinckerhoff International
Chief Operating Officer at Parsons Brinckerhoff International
Managing Director at Parsons Brinckerhoff Australia Pacific
Education
Columbia University - Columbia Business School
Murdoch University
Memberships:
Member, Australian Institute of Company Directors
Companion, Engineers Australia (Institution of Engineers)
So all up looks like pretty good options.
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