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business|energy|gas|oil-and-gas|oilandgas|solutions

Santos shakes up executive team

24th May 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Oil and gas major Santos has announced a range of executive appointments as part of its corporate restructuring announced last year.

Alan Stuart-Grant has been appointed to the executive committee of Santos, and from August 1 would join Santos as executive VP for Santos Energy Solutions.

Following the implementation of Santos' backfill and sustain, decarbonisation and clean fuels strategy announced last November, the updated organisational structure provides a regional operating model with a strong local focus, Santos told shareholders.

The changes will also further improve alignment to deliver Santos’ net zero Scope 1 and Scope 2 emissions by 2040 commitment while maximising shareholder value.

Under this model, three regional business units will focus on the enabling and execution of corporate strategy. Additionally, two functional divisions will be accountable for global portfolio management and strategy – Santos Energy Solutions and Santos Upstream Gas and Liquids.

As part of the simplified operating and functional structure Santos also announced the appointment of Brett Woods as executive VP for Western Australia, Northern Australia and Timor-Leste, Brett Darley as the executive VP for Eastern Australia and Papua New Guinea, and David Banks as the executive VP for the upstream gas and liquids division.

The appointments will become effective on June 1.

Edited by Creamer Media Reporter

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