– UK, Edinburgh – Capricorn Energy PLC (LON: CNE) today announced the appointment of Luis Araujo to its Board as an independent non-executive director with effect from 11 May 2022.
“I am delighted to welcome Luis to the Capricorn Board. His many years of emerging market experience in the oil and gas industry, together with a deep understanding of the energy transition, are great attributes to bring to our business at this moment. I, and the wider Board, very much look forward to having Luis join the Board and to working together as the Company continues to deliver on its strategy.” said Board chair, Nicoletta Giadrossi.
About Luis Araujo
Luis Araujo holds a BEng Mechanical Engineering degree from The University Gama Filho, Rio de Janeiro, and an MBA from the University of Edinburgh and has more than 38 years of experience in the oil and gas and energy markets, predominantly in Brazil and Scotland.
Luis Araujo was CEO and President of Aker Solutions from 2014 to 2020. Before he was appointed CEO, he was EVP and Region President, Brazil.
With Brazilian, Portuguese, and British nationality, he was the first non-Norwegian CEO in Aker Solutions’ 175-year history. Luis Araujo was tasked with growing the company internationally as well as reducing costs and, latterly, positioning Aker Solutions for the energy transition, which he did with the introduction of a new strategy incorporating renewable and low-carbon revenues ultimately leading to the listing of three renewable arms of the Aker organization on the Oslo Stock exchange in 2020.
Luis Araujo is Chair of the Boards of privately owned Principle Power Inc. and Sao Paulo listed OceanPact Servicos Maritimos SA and a non-executive director of privately-owned Brazilian upstream company DBO Energy SA. He is an Independent Director of Oslo Stock Exchange-listed Akastor ASA and Magseis Fairfield ASA.
For more information: https://www.capricornenergy.com/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
