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United States

Santos Ltd (STO.AX)

STO.AX on Australia Stock Exchange

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14 Jun 2019
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Summary

Name Age Since Current Position

Keith Spence

2018 Non-Executive Independent Chairman of the Board

Kevin Gallagher

50 2016 Chief Executive Officer, Managing Director, Director

Anthony Neilson

2016 Chief Financial Officer

Vince Santostefavo

2016 Chief Operations Officer - Operations Services

Philip Byrne

2017 Executive Vice President of Marketing ,Trading and Commercial

DAVID Banks

2018 Executive Vice President - Onshore Upstream

Brett Darley

2018 Executive Vice President Offshore

Angus Jaffray

2018 Executive Vice President - People and Sustainability

Naomi James

2018 Executive Vice President - Midstream Infrastructure

Bill Ovenden

2015 Executive Vice President,- Exploration and New Ventures

Brett Woods

2018 Executive Vice President - Developments

Jodie Hatherly

2019 Company Secretary

Guan Yu

2019 Non-Executive Director

Yasmin Allen

2014 Independent Non-Executive Director

Guy Cowan

2016 Independent Non-Executive Director

Hock Goh

64 2012 Independent Non-Executive Director

Vanessa Guthrie

2017 Non-Executive Independent Director

Peter Hearl

2016 Independent Non-Executive Director

Biographies

Name Description

Keith Spence

Mr. Keith William Spence serves as Non-Executive Independent Chairman of the Board of the SANTOS LIMITED., effective February 2018. He joined the Board on 1 January 2018 and became Chairman on 19 February 2018. He is Chairman of Santos Finance Limited and Chair of the Nomination Committee. Mr Spence has over 40 years’ experience in managing and governing oil and gas operations in Australia, Papua New Guinea, the Netherlands and Africa. A geologist and geophysicist by training, Mr Spence commenced his career as an exploration geologist with Woodside Petroleum Limited in 1977. He subsequently joined Shell (Development) Australia, where he worked for 18 years. In 1994 he was seconded to Woodside to lead the North West Shelf Exploration team. In 1998, he left Shell to join Woodside. He retired from Woodside in 2008 after a 14-year tenure in top executive positions in the company. He has expertise in exploration and appraisal, development, project construction, operations and marketing. Upon his retirement he took up several board positions, working in oil and gas, energy, mining, and engineering and construction services and renewable energy. This included Clough Limited, where he served as Chairman from 2010 to 2013, Geodynamics Limited where he served as a non-executive Director from 2008 to 2016 (including as Chairman from 2010 to 2016) and Oil Search Limited, where he served as a non-executive Director from 2012 to 2017. Mr Spence is also a past Chair of the National Offshore Petroleum Safety and Environmental Management Authority Board and led the Commonwealth Government’s Carbon Storage Taskforce.

Kevin Gallagher

Mr. Kevin Thomas Gallagher is Chief Executive Officer, Managing Director, Director of the SANTOS LIMITED. Mr Gallagher joined Santos as Managing Director and Chief Executive Officer on 1 February 2016, bringing more than 25 years’ international experience in managing oil and gas operations. Mr Gallagher is a member of the Environment, Health, Safety and Sustainability Committee and is also a Director of Santos Finance Limited. Mr Gallagher commenced his career as a drilling engineer with Mobil North Sea, before joining Woodside in Australia in 1998. At Woodside, Mr Gallagher led the drilling organisation through rapid growth, delivering several Australian and international development projects and exploration campaigns, before leading the Australian oil business. Then, as CEO of the North West Shelf Venture, he was responsible for production from Australia’s first ever LNG project, which underpinned a new domestic gas market, fuelling the mining sector and other industries in Western Australia. In 2011 Mr Gallagher joined Clough Limited as CEO and Managing Director where, over four years, he transformed the business and delivered record financial results. He oversaw the development of innovative programs to improve safety and drive productivity and executed an international expansion strategy. Since joining Santos with a strong track record in transforming underperforming operations, Mr Gallagher has restructured the company and implemented a disciplined low-cost operating model. He has significantly strengthened the balance sheet, improved production and financial performance, and positioned the company on a sustainable growth trajectory. Under Mr Gallagher’s leadership, Santos is focussed on a long-life portfolio of natural gas assets with some exciting oil and liquids opportunities, and is well positioned with strong cash flows to fund debt reduction, sustaining capital, growth, exploration, and sustainable returns to shareholders throughout the oil price cycle.

Anthony Neilson

Mr. Anthony Neilson is Chief Financial Officer of the SANTOS LIMITED. Mr Neilson joined Santos as Chief Financial Officer in 2016, and is responsible for the finance, tax, treasury, planning, business development, investor relations and IT functions. He brings over 20 years’ experience in chartered accounting, banking and corporate financial roles including 15 years’ experience in the upstream and downstream oil and gas industry. Prior to joining Santos, Mr Neilson was CEO of Roc Oil Company Limited (ROC), which was acquired in 2014 by Hong Konglisted investor Fosun International Limited. Previously, Mr Neilson was Chief Financial Officer of ROC (ASX listed) and has held commercial, finance and business services roles at Caltex Australia, Credit Suisse First Boston (London) and Arthur Andersen (Sydney). Mr Neilson holds a Masters of Business Administration from AGSM and is a Fellow of the Financial Services Institute of Australasia and a Fellow of Chartered Accountants Australia and New Zealand.

Vince Santostefavo

Mr. Vince Santostefavo of Chief Operations Officer - Operations Services of the SANTOS LIMITED. Santostefano joined Santos in March of 2016 and is responsible for the provision of technical and operational services to increase the scale and strategic value of Santos’ assets. Mr Santostefano retired from Woodside Energy in November 2013 as Chief Operating Officer. As COO he was responsible for Woodside’s producing business units; the Production Function including 6 LNG trains with associated offshore infrastructure, four FPSOs, the Marine Division and the Brownfields Projects Group. During 2014 and 2015, Mr Santostefano was engaged in Board work as a non-executive Director and various managementconsulting assignments. Mr Santostefano has a deep and respected knowledge of the industry, with significant experience in onshore and offshore operations and asset management. He has a proven capability to manage a demanding workload and to drive cultural change.

Philip Byrne

Mr. Philip (Phil) Ambrose Byrne serves as Executive Vice President of Marketing ,Trading and Commercial at Santos Limited. Mr Byrne joined Santos in August 2017 and has responsibility for the marketing and trading of all of Santos gas, LNG and liquid hydrocarbon products as well as the commercial function. Mr Byrne has over 35 years’ experience in the international oil and gas industry, starting his career as a Petroleum Geologist in the North Sea with Hamilton Brothers Oil & Gas. He subsequently spent 14 years with the BG Group in senior commercial and exploration leadership roles in the UK, Europe, Tunisia and India. He spent a further seven years with BHP Petroleum including General Manager Pakistan, President Gas Marketing Asia/Australia, and Country Manager Petroleum Australia. Mr Byrne was then seconded as President of the North West Shelf Australia LNG organisation, which is the marketing arm of the North West Shelf LNG project. Most recently, Mr Byrne was Managing Director and Chief Executive Officer of Nido Petroleum, an ASX listed company with oil production and exploration acreage in the Philippines.

DAVID Banks

Mr. David Banks serves as Executive Vice President - Onshore Upstream of SANTOS LIMITED. Mr Banks joined Santos in 2018 and is responsible for Santos’ onshore upstream business. Mr Banks has over 25 years’ international and domestic experience in the upstream oil and gas industry. He started his career with Schlumberger in south-east Asia before joining BHP in Australia in 1994. Whilst at BHP, Mr Banks’ roles included operational, technical and functional leadership roles including General Manager Shale Oil, Vice President HSE, Vice President Shale Drilling and Completion and Bass Strait Asset Manager. Beyond business and function leadership, Mr Banks led BHP’s Petroleum Transformation and was Integration Manager for US shale assets.

Brett Darley

Mr. Brett Darley serves as Executive Vice President Offshore of SANTOS LIMITED. Mr Darley joined Santos in December 2018. He has more than 28 years’ experience in the upstream oil and gas industry, both in Australia and overseas, with technical, operational, commercial and management experience across varied assets, onshore and offshore. Before moving to Santos, Mr Darley held senior leadership roles including Chief Executive Officer of Quadrant Energy, Managing Director and Region Vice President for Apache Energy Limited, Vice President of Drilling and Completions at Woodside Energy and Drilling Manager at Santos. Mr Darley holds a Bachelor of Civil Engineering degree from the University of Queensland and is a Chartered Engineer. He is a current member of the Curtin Business School Advisory Council, an elected member of the General Council of the Chamber of Commerce and Industry of WA, and a member of the Society of Petroleum Engineers (SPE).

Angus Jaffray

Mr. Angus Jaffray is Executive Vice President - People and Sustainability of the Company. Mr Jaffray joined Santos in 2016 and is responsible for Human Resources, Remuneration and Performance, Organisational and Learning Development, Sustainability and Organisational Integration. He previously held the roles of Executive Vice President Organisational Integration and Executive Vice President Strategy, Business Development & Technology. Mr Jaffray has over 20 years’ of leadership and consulting experience as a Director of Azure Consulting, a Partner at The Boston Consulting Group and a Supply Chain Manager with the global packaging group Crown Cork and Seal. At Azure Consulting Mr Jaffray supported companies in developing strategy and driving organisational change. At BCG Angus set up the Perth office, led the Australian Operations practice and was a core member of both the Mining & Metals practice and the Energy Practice. As a Supply Chain Manager Mr Jaffray was accountable for procurement, planning, logistics and product delivery.

Naomi James

Ms. Naomi James is Executive Vice President - Midstream Infrastructure of the SANTOS LIMITED. Ms James joined Santos in 2016 and is responsible for maximising the utilisation and value of Santos’ midstream infrastructure, including oil and gas processing facilities at Moomba and Port Bonython and LNG facilities in the GLNG and DLNG projects. Previously Ms James was Executive Vice President EHS and Governance, with responsibility for Santos’ risk and audit, legal, company secretary, sustainability, safety, environment and access functions. Prior to joining Santos, Ms James held a range of functional and line leadership roles with Arrium including Chief Executive of the Group’s nonintegrated steel businesses, Chief Legal Officer and Chief Executive, Strategy, leading major acquisitions and divestments, business restructuring and turnaround and the legal, company secretary, government affairs and strategy functions. Ms James has previously worked in private practice at law firms in Australia and the UK.

Bill Ovenden

Mr. Bill Ovenden, BSc (Hons) is Executive Vice President - Exploration and New Ventures of Santos Ltd. Mr Ovenden joined Santos in 2002, and is accountable for developing and executing a targeted exploration and appraisal strategy across Santos’ core asset hubs, while identifying new high-value exploration targets. Mr Ovenden is a geologist with over 30 years of experience in the oil and gas industry. He has worked on exploration projects in Australia, Central and South-East Asia, North Africa, the Middle East and South America, with Sun Oil, Kufpec, ExxonMobil and Ampolex. He joined Santos after working for ExxonMobil in Indonesia. Mr Ovenden is a member of the APPEA Exploration Committee.

Brett Woods

Mr. Brett Woods Kenneth serves Executive Vice President - Developments of the SANTOS LIMITED. Mr Woods joined Santos in February 2013 and is accountable for Development across Santos’ onshore and offshore assets, including major capital projects, drilling and completions, and reservoir development, as well as Energy Solutions and Technology and overseeing Santos’ joint venture in PNG LNG. At Santos, Mr Woods has previously held the roles of Executive Vice President Onshore Upstream, and Vice President, Eastern Australia. Mr Woods has held other roles within Santos including responsibilities for exploration in Western Australia and the Northern Territory, leading the Western Australian offshore operations including development of Fletcher Finucane, Darwin LNG and the domestic gas business. Mr Woods has over 24 years of oil and gas industry experience including senior management, technical and business development roles at Woodside Energy and as CEO and Managing Director of Rialto Energy. He has a track record of delivering projects and efficient E&P operations and has both domestic and international experience. Mr Woods is a graduate of the Harvard Business School Advanced Management Program, an APPEA Board Director and Chairman of the APPEA Exploration Committee

Jodie Hatherly

Guan Yu

Mr. Guan Yu is Non-Executive Director of the Company. Mr Guan is President and a director of ENN Ecological Holdings Co Ltd. Prior to joining ENN, Mr Guan held senior executive roles with Shell China and Schneider Electric. Mr Guan holds an EMBA from China Europe International Business School.

Yasmin Allen

Ms. Yasmin Anita Allen, BCom FAICD is an Independent Non-Executive Director of the Company since 22 October 2014. Ms. Allen is an independent nonexecutive Director. She joined the Board on 22 October 2014 and is the Chair of the People and Remuneration Committee and a member of the Audit and Risk Committee and Nomination Committee. Ms Allen has extensive experience in finance and investment banking, including senior roles at Deutsche Bank AG, ANZ and HSBC Group Plc, as former Chairman of Macquarie Global Infrastructure Funds, and a former Director of EFIC (Export, Finance and Insurance Corporation). Ms Allen was appointed a member of the Australian Government Takeovers Panel in March 2017, is a member (and former Council member) of Chief Executive Women and a former non-executive Director of Insurance Australia Group (2004 to 2015).

Guy Cowan

Mr. Guy Michael Cowan is an Independent Non-Executive Director of the SANTOS LIMITED. Mr Cowan is an independent nonexecutive Director. He joined the Board on 10 May 2016 and is the Chair of the Audit and Risk Committee and a Director of Santos Finance Limited. Mr Cowan had a 23-year career with Shell International in various senior commercial and financial roles. His last two roles were as CFO and Director of Shell Oil US and CFO of Shell Nigeria. He was CFO of Fonterra Co-operative Limited between 2005 and 2009. Mr Cowan was a Director of Ludowici Limited (2009 to 2012) where he chaired the Audit and Risk Committee and was also a Shell appointed alternative Director of Woodside between 1992 and 1995

Hock Goh

Mr. Hock Goh, BEng (Hons) Mech Eng., is an Independent Non-Executive Director of Santos Ltd. since 22 October 2012. member of the Environment, Health, Safety and Sustainability Committee, Audit and Risk Committee and Nomination Committee. Mr Goh has more than 30 years’ experience in the global oil and gas industry, having spent 25 years with Schlumberger Limited, including as President of Network and Infrastructure Solutions division in London, President of Asia, and Vice President and General Manager of China. He previously held managerial and staff positions in Asia, the Middle East and Europe. Mr Goh is Chairman of MEC Resources Ltd (since 2006) and of Advent Energy Ltd (since 2007). He is a non-executive Director of Stora Enso Oyj (Finland) (since 2012), AB SKF (Sweden) (since 2014), Harbour Energy (US) (since 2015) and Vesuvius PLC (UK) (since 2015). He was previously a non-executive Director of BPH Energy Ltd (2007 to 2015), an Operating Partner of Baird Capital Partners Asia, based in China, (2007 to 2012), and a non-executive Director of Xaloy Holding Inc in the US (2006 to 2008).

Vanessa Guthrie

Dr. Vanessa Ann Guthrie is appointed Non-Executive Independent Director of the SANTOS LIMITED. She joined the Board on 1 July 2017 and is a member of the People and Remuneration Committee and Environment, Health, Safety and Sustainability Committee. Dr Guthrie has more than 30 years’ experience in the resources sector in diverse roles such as operations, environment, community and indigenous affairs, corporate development and sustainability. She has qualifications in geology, environment, law and business management including a PhD in Geology. She was awarded an Honorary Doctor of Science from Curtin University in 2017 for her contribution to sustainability, innovation and policy leadership in the resources industry. She is an active member of the Australian Institute of Company Directors and Chief Executive Women, and a Fellow of the Australian Academy of Technological Sciences and Engineering

Peter Hearl

Mr. Peter Roland Hearl is an Independent Non-Executive Director of the SANTOS LIMITED. He joined the Board on 10 May 2016 and is Chair of the Environment, Health, Safety and Sustainability Committee, a member of the People and Remuneration Committee and the Nomination Committee; having earlier served on the Company’s Audit and Risk Committee. During an 18-year career in the oil industry with Exxon in Australia and the USA, he held a variety of senior marketing, operations, logistics and strategic planning positions. Mr Hearl joined YUM Brands (formerly PepsiCo) as KFC Australia’s Director of Operations in 1991 and subsequently had several senior international leadership roles as well as being President of Pizza Hut USA, before assuming the global role of YUM Brands’ Chief Operations and Development Officer in 2006, based in Dallas, Texas and Louisville, Kentucky, and from where he retired in 2008.

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