JKX Oil & Gas Plc
JKX:LN
Overview
Company Profile
JKX Oil & Gas in an oil and gas exploration and production company with its main base and operations is in the Ukraine. The group also has licence interests in other territories including the US, Italy, Turkey and Russia.
Classification
Financials
Corporate
Board of Directors
Paul Ostling
Chairman
Paul Ostling worked at Ernst & Young for 30 years working with major entities listed on the New York and London Stock Exchanges and holding senior management positions including Global Executive partner from 1995 to 2003 and Global Chief Operating Officer from 2003 to 2007. In addition, for 15 years, he was one of several partners leading the development and coordination of the firm\'s operations throughout Russia, Ukraine, the CIS and Eastern Europe. From 2007 to 2012, Paul served as chairman of the audit committee of Mobile TeleSystems OJSC (NYSE). Other board and leadership roles include: Brunswick Rail (2012 to 2016), Uralkali (2011 to present), PromSvyazBank (2008 to 2010), UralChem (2008 to 2011) and DME Ltd (Domodedovo) (2011 to 2012), Kungur Oilfield Equipment & Services (2007 to 2012, Chief Executive 2007 to 2009). In 2011, Paul was named \"Independent Director of the Year\" by the Association of Independent Directors in Russia. Paul is a proficient Russian speaker.
Tom Reed
CEO
Tom Reed was a founder and Chief Financial Officer of FTSE-listed Ruspetro plc from December 2011 to February 2015, which included a period as acting Chief Executive from July to December 2013. For a number of years Tom worked as a private equity investor and M&A advisor in Moscow and in Russia, Ukraine and other CIS countries on the origination, trading and structuring of equity, derivatives and distressed debt. In addition, he served as an advisor to VR Capital from 2001 to 2007 and to Raven Russia from 2005 to 2007. Tom is a member of the Society of Petroleum Engineers and speaks fluent Russian.
Russell Hoare
CFO
Russell Hoare has more than 15 years experience working in Russia, Ukraine and Eastern Europe holding a variety of CFO roles. This includes acting as CFO from 2011 to 2016 at Russ Outdoor, the leading out-of-home advertising company in Russia, with assets across Russia and, until recently, Ukraine. In addition he spent 10 years in News Corporation, based between London and Moscow, with responsibility for many of the company\'s media assets in Russia and Eastern Europe. Russell has 10 years experience of managing the financial operations of Ukrainian businesses and working with local government and authorities in addition to a number of years as an internal auditor to LASMO plc, an oil and gas exploration and development company based in London. Russell qualified as a UK Chartered Accountant with Arthur Andersen in 1996.
Vladimir Tatarchuk
Non-Executive Director
Vladimir Tatarchuk has been the Chairman and Chief Executive Officer at Proxima Capital Group since 2013. From 2011 to 2013 Mr Tatarchuk served as First Deputy Chairman of the Executive Board and Head of Corporate-Investment Banking at Alfa Bank. From 1998 to 2011 he held many posts at Alfa Bank including Head of Corporate Banking, Co-Head of Corporate-Investment Banking, Deputy Chairman of the Executive Board, Deputy Head of Corporate Finance and Vice President, and also served on the Board of Directors of Alfa Bank in Ukraine. Mr Tatarchuk holds a degree in law from the Lomonosov Moscow State University and a diploma in executive management from the leading international business school INSEAD.
Vladimir Rusinov
Non-Executive Director
Vladimir Rusinov joined Proxima Capital Group in 2015 as Managing Director. Prior that Mr Rusinov worked at leading Russian and international investment banks for 20 years with a particular focus on oil and gas in Russia and the CIS, including Managing Partner at VNR Capital, an investment banking advisory firm, Managing Director and Head of Oil and Gas at Renaissance Capital, Director at ABN AMRO Oil and Gas Group, Vice President in the European Energy & Power Group at Merrill Lynch and associate in M&A, Corporate Finance and European Energy & Power Departments at Goldman Sachs International. Mr Rusinov holds a MA (Hons) Degree in International Economics from Kiev State University and MBA Degree from Nijenrode Business University, the Netherlands School of Business.
Alan Bigman
Non-Executive Director
Alan Bigman is currently a director of Sanchez Production Partners and is co-founder and Director of VTX Energy LLC in the United States. Previously, he served as Chief Financial Officer of LyondellBasell Industries, a leading global chemicals company, and held senior management positions at TNK-BP and SUAL. Alan obtained a Masters of Business Administration degree with High Distinction from Harvard Business School in June 1996 and a BA magna cum laude from Yale University in May 1989. Alan is Chairman of the Audit Committee and a member of the Remuneration Committee.
Bernie Sucher
Non-Executive Director
Bernie Sucher is currently Chairman of UFG Asset Management. Previous experience includes leading Merrill Lynch\'s re-entry into Russia, becoming country head of Bank of America, co-founding the investment bank Troika Dialog and working with Cresvale, Goldman Sachs, and EF Hutton in New York, London, Hong Kong, and Tokyo. Bernie holds a BA from the University of Michigan and is a graduate of Columbia University\'s Senior Executive Program. Bernie is the Senior Independent Director, the Chairman of the Remuneration Committee and a member of the Nomination and Audit Committees.