– GUERNSEY, St Peter Port – Riverstone Energy Limited (LON: RSE) today announced the appointment of Richard Horlick to its board as an Independent Non-Executive Director, and Chair-elect, effective from 26 October 2022 and as Chair of the Board in February 2023.
Richard Horlick will also join the Audit Committee, Management Engagement Committee, and Nomination Committee.
Richard Hayden, Chairman, said: “We are thrilled that Richard Horlick has been appointed to the REL board as Chair-elect, his wealth of sustainable energy and investment sector experience will help ensure the future success of the Company as REL continues with its investment objective. We strongly believe that he is ideally suited to shepherd REL through its next phase of growth focused on the decarbonization of the global economy.”
About Richard Horlick
Mr. Horlick has advised that he is a non-executive director and chair of BH Macro Limited and a non-executive director of VH Global Sustainable Energy Opportunities PLC, each of which is admitted to trading on the Main Market of the London Stock Exchange. In addition to his listed positions, he is currently the non-executive chairman of CCLA Investment Management, managing assets for over 38,000 charities and church and local authority funds.
Richard Horlick is a UK resident and has served on several closed-end fund boards and was previously head of investment and main board director of Schroders Plc and President, Institutional, of Fidelity International and subsequently chairman of the Trust Bank for the Fidelity Mutual funds in the US. He has had a long and distinguished career in investment management since graduating from Cambridge University in 1980 with an MA in Modern History.
Richard Horlick said: “I am delighted to be joining the Board of REL and welcome the opportunity of working with my fellow Directors and Riverstone in continuing REL’s transition to investing fully in decarbonisation assets. I am confident that the manager has the investment skills and deal flow structure to maximise shareholder value while helping to improve our environment. I look forward to meeting our shareholders and reporting on our progress in the years ahead.”
About Riverstone Energy
REL is a closed-ended investment company which invests in the energy industry that has since 2020 been exclusively focussed on pursuing and has committed $181 million to a global strategy across decarbonization sectors presented by Riverstone’s investment platform. REL’s ordinary shares are listed on the London Stock Exchange, trading under the symbol RSE. REL has 20 active investments spanning decarbonization, oil, and gas, renewable energy, and power in the Continental U.S., Western Canada, Europe, and Australia.
For more information: https://www.riverstonerel.com/
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