Corcel plc chief executive officer and director James Parsons will step down as part of the company’s planned transition from metals and minerals to oil and gas. Mr Parsons, who became CEO on 14 June when he received 12.4 million shares in part payment of wages, remains with the company in an advisory role during his […]
Tag: James Parsons
Corcel appoints new CEO and CFO in board changes
Corcel plc has made a series of board changes with current chairman James Parsons becoming chief executive officer and executive director with immediate effect. Scott Kaintz moves from the CEO role to chief financial officer and steps down from the board. Antoine Karam joins the board as a non-executive chairman. He is a 45% shareholder […]
Corcel’s new CEO to receive 12.4m shares as part salary
Corcel plc’s new chief executive officer James Parsons has chosen to receive part of his salary for the next six months in new ordinary shares in the company. A total of 12,447,965 new ordinary shares were today issued to Mr Parsons at £0.004 per share, being a 29% premium to the closing price on 13 […]
Corcel chairman swaps four months’ salary for shares
Corcel plc’s chairman will for four months receive shares in lieu of a monthly salary to reduce the company’s cash burn and ensure alignment with its shareholders. The company agreed to James Parsons’ proposal that beginning in February he will receive his monthly salaries and certain obligations from 2021 in the form of 16,910,618 new […]