03 April 2023
Petrofac welcomes its new Group Chief Executive
Petrofac, a leading international service provider to the energy industry, announces the following changes to its Board of Directors.
Group Chief Executive
Further to the announcement made on 22 November 2022, the Company is pleased to confirm the appointment of Tareq Kawash as Group Chief Executive and Executive Director, succeeding Sami Iskander, with effect from 1 April 2023.
The Company hereby confirms that Mr Iskander has now left the Company and has stepped down from the Board.
“We are delighted to welcome Tareq Kawash as our new Group Chief Executive. Tareq has joined us from McDermott, where he was most recently Senior Vice President of its Global Onshore and Middle East Offshore Business Lines, and a member of McDermott’s Executive Committee. With 30 years’ international EPC leadership experience, and an impressive business development track record, Tareq is exceptionally well placed to build on the foundations laid by Sami.”
“I have known Petrofac throughout my career and have always admired its unique execution capability. I look forward to leading the team in the next stage of its journey back to growth and leadership in the sector, building on the excellent progress Sami has made.”