Ithaca Energy CEO Vasques to Retire by End of March 2027

3-line summary

• Ithaca Energy CEO Luciano Vasques will retire by the end of March 2027, the company announced October 16. The board has begun a search for a successor and said it will make further announcements in due course, aiming for an orderly handover.
• The decision comes shortly after the company completed its Eni UK acquisition and business combination and joined the FTSE 100 index; Vasques said the company is in a 'strong position' and that this is the right time to step back. The article did not detail any financial or earnings impact.
• Executive Chairman Yaniv Friedman thanked Vasques for his support, describing the period as a 'transformational time' for the company and noting that the Eni UK integration had built a unified corporate culture.

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