Cairn Energy founder Sir Bill Gammell announced retirement

Cairn Energy founder Sir Bill Gammell announced retirement from the post of non – executive chairman on 3 March 2014.

Created On: Mar 4, 2014 18:30 ISTModified On: Mar 4, 2014 19:20 IST

Cairn Energy founder Sir Bill Gammell announced retirement from the post of non – executive chairman on 3 March 2014.

Sir William Benjamin Bowring Gammell commonly known as Sir Bill Gammell will leave the post on 15 May 2014.

He will be replaced by Ian Tyler. He is in the board of the Edinburgh-based firm since 2013. He is currently a non-executive director of the company.

imageSir Bill was Cairn's chief executive since 1988, when it was listed on the London Stock Exchange, until he became chairman in 2011.

The former Scottish rugby international, who was childhood friend of George W Bush and Tony Blair, had transformed Cairn from a Scottish oil and gas minnow into an international energy powerhouse and one of the biggest oil producers in India.

Cairn Energy plc is an independent Scottish oil and gas exploration and production company headquartered in Edinburgh. Cairn Energy mainly explore for oil in northwest Africa, having shifted its focus away from Greenland. The company made its name with big oil finds in India and also has oil fields off the coast of Britain.

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