The board of directors
The Board of Directors comprises six members; one Executive Director and four Non-Executive Directors.
James Parsons, Non-Executive Chairman, is Chief Executive Officer at Sound Energy plc and has over 20 years’ experience in the fields of strategy, management, finance and corporate development in the energy industry. James Menzies, Chief Executive Office, a qualified geologist with over 30 years industry experience having held senior technical and commercial roles at Lasmo in the UK, Vietnam and Indonesia. James is a Non-Executive Director of Trinity Exploration. Sara Edmonson, Deputy Chief Executive Officer, has a wealth of experience in the oil and gas industry and within the Po Valley region. Fiona MacAulay, Non Executive Director, has over 30 years of experience in the oil and gas industry and is currently the Chief Executive Officer of Echo Energy plc. Marco Fumagalli, Non Executive Director, is Managing Partner at Continental Investment Partners SA, a Swiss-based fund and cornerstone shareholder in Sound Energy and Echo Energy. Dr. Ilham Akbar Habibie, Non-Executive Director, is a well-known Indonesian businessman and has extensive experience in the private sector. The structure of the Board ensures that no one individual or Group dominates the decision-making process.
The Board recognises its responsibility for the proper management of the Company and is committed to maintaining a high standard of corporate governance commensurate with the size and nature of the Company and the interests of its Shareholders. The UK Corporate Governance Code does not apply to companies admitted to trading on AIM and, while there is no formal alternative for AIM companies, the Quoted Companies Alliance has published the QCA Corporate Governance Code for Small and Mid-Sized Quoted Companies, which includes a standard of minimum practice for AIM companies, and recommendations for reporting corporate governance matters (the “QCA Guidelines”). The Company will seek to comply fully with the QCA Guidelines and with the UK Corporate Governance Code as far as possible, having regard for the size, stage of development and resources of the Group.