Post by
westcanpride on Jun 04, 2022 11:59am
Frontera: New CFO
For those who missed the recent CFO change at Frontera:
https://www.newswire.ca/news-releases/frontera-announces-chief-financial-officer-cfo-transition-and-changes-to-committee-membership-827448041.html
His work background (link below) suggests he has no direct oil and gas experience, other than being on Frontera's Board of Directors and overseeing the Audit Committee and Compensation and Human Resources Committee.
https://theorg.com/org/frontera-energy-corp/org-chart/rene-burgos-diaz
Again, its one thing to have business experience and finanaical background... its a complete other when none of it is related to oil and gas (similar to De Alba). Definitely something else when the biggest players (CEO, CFO, etc) in both Frontera and CGX have virtually no prior oil and gas experience. This kind of setup is almost unseen in any other serious oil and gas company that I have followed over my lifetime.
To this end, let's hope like hell these guys start listening to the technical staff they have when it comes to the pieces needed to seal a JV. To me, its one thing to have a business and financial background.... its a complete other when it comes to engaging external companies CEO/CFO/COO staff who have lived and breathed oil and gas for well over 30yrs of their career and know the industry inside and out.
Comment by
Schreibzey on Jun 04, 2022 2:29pm
https://www.linkedin.com/mwlite/in/reneburgosdiaz There is some oil and gas investment experience in there.