June 19, 2012
directors of Po Valley Energy Limited (ASX: PVE) are pleased to
announce the appointment of Kevin Eley as a non-executive director and
the Company’s CEO, Giovanni Catalano as managing director with effect
The appointment of Kevin Eley is in line with the board’s succession
planning, following the recent retirement of David McEvoy after the
company’s AGM in May.
Kevin is based in Sydney and was the Chief Executive of HGL Limited for
25 years until his retirement in 2011. He brings management and
investment experience in a broad range of industries including,
manufacturing, mining, retail and financial services. In particular,
Kevin has extensive experience in the direction of early stage companies
and public company governance.
Kevin will also join the Audit & Risk Committee and, being a
Chartered Accountant and a Fellow of the Financial Services Institute of
Australasia, will be
a valuable addition to that committee.
Kevin is currently a non executive director of HGL Ltd (ASX:HNG), Kresta
Holdings Limited (ASX:KRS), Milton Corporation Limited (ASX:MLT) and
Equity Trustees Limited (ASX:EQT).
Giovanni Catalano has been the company’s CEO since late 2010 and has
been a director of the wholly owned Italian subsidiary NorthSun Italia
since that time. He has over 30 years experience in Exploration and
Development in the Oil and Gas Industry. He is a member of SEAPEX and
AAPG and holds a masters Degree in Geology from the University of
Graham Bradley, Chairman
+61 2 9006 5822
About Po Valley Energy
Po Valley Energy (ASX: PVE) is an oil and gas producer and exploration
company listed on the Australian Stock Exchange. It has an expanding
portfolio of hydrocarbon assets in northern Italy. Po Valley holds 11
license areas, encompassing 2,000 square kilometres and owns and
operates two gas treatment plants. The Po Valley region is the main gas
production zone in Italy. The Company’s web site is www.povalley.com
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