New Age has announced the separation of the roles of Chairman and CEO. Steve Lowden will continue as Chairman of the group, and David Stoopin has been appointed CEO.
During Steve’s tenure as CEO, New Age has grown into the leading Africa-focused private E&P business. Steve will also continue to support the development of the New Age mid-stream LNG business, as well as identify and assess other E&P ventures that may complement New Age, in conjunction with New Age’s shareholders and other new investors.
David Stoopin has been with New Age since June 2008 as EVP commercial and business development and was formerly with BP and Premier Oil.