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Erin Energy CEO Resigns; Interim Appointed

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   |    Thursday,February 23,2017

Erin Energy reported that Segun Omidele has resigned as Chief Executive Officer and as a member of the Board, effective February 22, 2017.

Mr. Omidele’s resignation was accepted by the Board of Directors, with his departure from the company expected in the coming weeks while he assists in the orderly transition of his duties and responsibilities to the Interim Chief Executive Officer. Effective February 22, 2017, Jean-Michel Malek, Senior Vice President, General Counsel, and Secretary, will serve as Interim Chief Executive Officer, while the Board conducts a search for a permanent replacement.

Mr. Omidele served in various positions with the Company commencing in September 2011 and was Chief Operating Officer from September 2015 until his appointment as CEO in May 2016.

Mr. Malek, 60, has served as Senior Vice President, General Counsel and Secretary of the Company since November 2015. Prior to joining Erin Energy, he was with CAMAC International Corporation (CI), where he served as Executive Vice President and General Counsel since January 2011 and prior to that as Senior Vice President and General Counsel since January 2007. He also served as the General Counsel of CI from 1992 to 2003. In this role, he was responsible for all aspects of CI’s legal affairs around the world.



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