{"id":16461,"date":"2025-12-01T08:59:19","date_gmt":"2025-12-01T06:59:19","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/tullow-oil-appoints-new-chairperson-in-board-overhaul-amid-refinancing-talks\/"},"modified":"2026-02-27T16:31:36","modified_gmt":"2026-02-27T14:31:36","slug":"tullow-oil-appoints-new-chairperson-in-board-overhaul-amid-refinancing-talks","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/tullow-oil-appoints-new-chairperson-in-board-overhaul-amid-refinancing-talks\/","title":{"rendered":"Tullow Oil appoints new Chairperson in board overhaul amid refinancing talks"},"content":{"rendered":"<p><!--StartFragment --><\/p>\n<p class=\"pf0\"><span class=\"cf0\">Tullow Oil on Monday launched a major board reset and appointed independent non-executive Director Roald Goethe as Chairperson, replacing <\/span><span class=\"cf0\">Phuthuma<\/span><span class=\"cf0\"> Nhleko, as the West Africa-focused oil producer looks to refinance its debt.<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">The company also announced the immediate departure of three independent non-executive directors, shrinking the size of the board to four members and cutting the company&#8217;s cost base.<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">The group is seeking to refinance its capital structure amid mounting debt and delayed payments from Ghana\u2019s government.<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">Goethe has extensive experience in oil and gas, with a focus on African energy markets, oil trading and commercial strategy, including business development, Tullow said.<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">He has been on the company&#8217;s board since February 2023.<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">Tullow&#8217;s board now comprises Goethe, independent non-executive Director Rebecca Wiles, Chief Executive Officer Ian Perks and Chief Financial Officer Richard Miller.<\/span><\/p>\n<p class=\"pf0\"><span class=\"cf0\">&#8211;Reuters&#8211;<\/span><\/p>\n<p><!--EndFragment --><\/p>\n","protected":false},"featured_media":15962,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-16461","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Tullow Oil on Monday launched a major board reset","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16461\/revisions"}],"predecessor-version":[{"id":20259,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/16461\/revisions\/20259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15962"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=16461"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=16461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}