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United Kingdom

TransGlobe Energy Corp (TGL.TO)

TGL.TO on Toronto Stock Exchange

1.90CAD
22 Aug 2019
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Summary

Name Age Since Current Position

David Cook

57 2019 Independent Chairman of the Board

Randall Neely

52 2019 President, Chief Executive Officer

Edward Ok

2018 Chief Financial Officer, Vice President - Finance

Geoffrey Probert

2019 Chief Operating Officer, Vice President

Lloyd Herrick

2019 Executive Vice President

Marilyn Vrooman-Robertson

2017 Corporate Secretary

Ross Clarkson

65 2018 Non-Executive Director

Susan MacKenzie

58 2014 Independent Director

Steven Sinclair

62 2017 Independent Director

Carol Bell

60 2019 Non-Executive Independent Director

Edward LaFehr

59 2019 Non-Executive Independent Director

Biographies

Name Description

David Cook

Mr. David B. Cook has been appointed as Independent Chairman of the Board of the company, Effective May 10, 2019. and is no longer as Independent Director of Transglobe Energy Corporation, Effective May 10, 2019. Mr. Cook is currently Chief Executive Officer of DONG Exploration and Production (part of the DONG Energy Group) located in Copenhagen, Denmark. Mr. Cook previously served as Executive Officer and Head of Oil and Gas at TAQA North Ltd ("TAQA") where he lead the Company's upstream and midstream interests in the Middle East, North America, the United Kingdom and Europe. Prior to joining TAQA, he served as Vice President for BP Russia, responsible for British Petroleum's ("BP") non-TNK-BP exploration and production activities in Russia. Mr. Cook has held a variety of global technical, commercial and managerial positions based from the US, UK, Russia and the Middle East as well as board of director roles. Mr. Cook holds a BSc in Geophysics and a PhD in Geological Sciences.

Randall Neely

Mr. Randall Clifford Neely has been appointed President, Chief Executive Officer of the Company. Mr. Neely has over 25 years of financial and operating experience in financial and oil and gas industry. Prior to joining TransGlobe, Mr. Neely served as Chief Financial Officer of Zodiac Exploration from 2010 - 2012. Mr. Neely also held positions as CFO at Pearl Exploration & Production and CFO of Trident Exploration. Mr. Neely worked for three years in investment banking with TD Securities and eight years with KPMG LLP prior to commencing his career in the oil industry. Mr. Neely holds both the Chartered Accountant and Chartered Financial Analyst designations and has completed his ICD.D.

Edward Ok

Mr. Edward D. Ok is an Chief Financial Officer, Vice President - Finance of the Company. Mr. Ok was appointed Vice President, Finance and Chief Financial Officer of the Company since January 2018 and with the Company since 2012 in senior financial roles. Prior to joining TransGlobe was at Zodiac Exploration. Mr. Ok is a Chartered Accountant with over 10 years industry experience.

Geoffrey Probert

Mr. Geoffrey Probert is Chief Operating Officer, Vice President of the Company. Geoff has over 30 years of operational experience with an upstream career incorporating senior and executive roles around the globe with Shell, BHP Billiton and more recently as North Africa Managing Director for Petroceltic with operations in Egypt and Algeria. Geoff holds a degree in Chemical Engineering and a Masters degree in Petroleum Engineering from Heriot Watt University and is a recognised expert in field appraisal, field development, field rehabilitation operations and exploration drilling as well as having extensive experience in international mergers and acquisitions.

Lloyd Herrick

Mr. Lloyd W. Herrick is Executive Vice President of the Company. Mr. Herrick joined TransGlobe as Vice President and Chief Operating Officer in April 1999 and was appointed Director at that time. Prior to this, Mr. Herrick was President and Chief Executive Officer of Moiibus Resource Corporation, which was acquired by TransGlobe. Mr. Herrick was previously employed with Ranger Oil Limited, serving in a variety of technical and management/executive positions including Vice President, Canadian Production from 1993 onward. Prior thereto, he was a petroleum engineer with Rupertsland Resources Ltd. and a production evaluations engineer with Hudson's Bay Oil & Gas Ltd. (1975 to 1981). Mr. Herrick is a professional engineer with 40 years of oil and gas experience. Mr. Herrick also holds an ICD.D designation from the Institute of Corporate Directors.

Marilyn Vrooman-Robertson

Ms. Marilyn Vrooman-Robertson is a Corporate Secretary of the Company. She previously served as Assistant Corporate Secretary. Governance professional with over 18 years' experience. A student of ICSA ("International Chartered Secretary Association") and a member of Governance Professionals of Canada.

Ross Clarkson

Mr. Ross Gordon Clarkson is a Non-Executive Director of the Company effective December 31, 2018. Mr. Clarkson is President and Chief Executive Officer of the Company. He was appointed on December 4, 1996 and has served as a director of the Company since October 1995. Mr. Clarkson was employed as a senior geological advisor with Petro-Canada from 1988 - 1996. Prior thereto, he served as Resident Manager of PetroCanada (Yemen) Inc.; as Senior Project Geologist with Canadian Occidental Petroleum Ltd. in Yemen (now Nexen Inc.); and as supervisor of international exploration/geologist with Ranger Oil Limited, giving him over 40 years of domestic and international oil and gas exploration experience. His international familiarity extends to numerous countries on all continents. Mr. Clarkson also holds an ICD.D designation from the Institute of Corporate Directors.

Susan MacKenzie

Ms. Susan Mary MacKenzie serves as Independent Director of Transglobe Energy Corporation. Ms. MacKenzie served as Chief Operating Officer with Oilsands Quest Inc., a NYSE Amex-listed oil sands company, from April - September 2010. Prior thereto, Ms. MacKenzie was employed for 12 years at PetroCanada, where she held senior roles including Vice President, Human Resources and Vice President of In-Situ Development and Operations. Ms. MacKenzie was with Amoco Canada Petroleum Company Ltd. for 14 years in a variety of engineering and leadership roles in natural gas, conventional oil and heavy oil exploitation. Ms. MacKenzie holds a Bachelor of Engineering (Mechanical) degree from McGill University, and a MBA from the University of Calgary. She is a member of the Association of Professional Engineers and Geoscientists of Alberta. Ms. MacKenzie also holds the ICD.D designation from the Institute of Corporate Directors.

Steven Sinclair

Mr. Steven William Sinclair is a Independent Director of the Company. Mr. Sinclair is a corporate director with over 30 years of financial and operating experience, who retired from his position as senior vice-president and chief financial officer of ARC Resources Ltd. in 2014. He is also a director and chair of the audit committee of a Calgary-headquartered private oil and gas company. Mr. Sinclair received his bachelor of commerce degree from the University of Calgary in 1978 and his chartered accountant designation in 1981.

Carol Bell

Dr. Carol Bell has been appointed as Non-Executive Independent Director of the Company., effective January 1, 2019. She is an independent businesswoman and corporate director with over 35 years of experience in the natural resources sector. Dr. Bell has experience as a director on companies listed in Canada, Norway and the UK, bringing a wealth of capital markets and energy board experience to her role at TransGlobe. Dr. Bell's successful career includes her position as Managing Director of Chase Manhattan Bank's Global Oil & Gas Group, Head of European Equity Research at JP Morgan and several years as an equity research analyst in the oil and gas sector at Credit Suisse First Boston and UBS Phillips & Drew. Dr. Bell began her career in corporate planning and business development at Charterhouse Petroleum plc and RTZ Oil and Gas. Dr. Bell holds a MA Natural Sciences from Cambridge University; a BA, Earth Sciences from Open University; and a PhD, Archaeology of Trade from University College London. Dr. Bell was the Non-Executive Chairman of Barcud Derwen Ltd, a private television facilities house based in Wales and Scotland between July 2009 and June 2010. The company was put into administration by its directors in June of 2010 and the majority of its assets were sold at which time Dr. Bell's involvement with the company ceased.

Edward LaFehr

Mr. Edward David LaFehr is a Non-Executive Independent Director of the company. Mr. LaFehr is the President and CEO of Baytex Energy Corp., a Canadian headquartered oil and gas company engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States whose shares are listed on the TSX in Canada and the NYSE in the United States. Mr. LaFehr has extensive international experience with various major and independent companies over his 30+ year career, including living and working in Egypt. Mr. LaFehr will be replacing Mr. Bob MacDougall who has resigned from the Board effective immediately. The Board wishes to thank Mr. MacDougall for his contributions to the Board over the past four years.

Basic Compensation

Name Fiscal Year Total

David Cook

130,000

Randall Neely

1,194,880

Edward Ok

694,000

Geoffrey Probert

--

Lloyd Herrick

1,162,110

Marilyn Vrooman-Robertson

--

Ross Clarkson

1,353,200

Susan MacKenzie

137,500

Steven Sinclair

135,000

Carol Bell

--

Edward LaFehr

--
As Of  31 Dec 2018