Jón Ferrier will step down following a handover to his replacement.
Gulf Keystone Petroleum Ltd () chief executive Jón Ferrier has decided to retire from the Company upon appointment of a successor.
The Kurdistan based oil producer said it will now launch a formal, externally facilitated, search process.
“Jón Ferrier took the helm five years ago, immediately leading the company through its financial restructuring and breathing new life into GKP as an attractive investment proposition,” said Jaap Huijskes, GKP chairman.
“He has brought us the experience he gained over a long and distinguished career, resulting in GKP meeting the highest standards across all aspects of its business.
“Today, Gulf Keystone is a highly respected and successful E&P company, for which Jón deserves considerable credit.”