Lord Lucan’s son takes charge at Angus Energy after managing director is ousted in a boardroom bust-up
George Bingham the eighth Earl of Lucan, is interim managing director and executive director at AIM-listed Angus Energy
Lord Lucan’s son has taken the helm at a Home Counties-focused oil and gas company after its managing director was ousted in a boardroom bust-up.
George Bingham, 51, the eighth Earl of Lucan, is interim managing director and executive director at AIM-listed Angus Energy.
Former managing director Paul Vonk, who led the company through its initial public offering in 2016, has resigned with immediate effect, amid other board changes.
Earlier this month two nominee shareholders called for an extraordinary general meeting, which would include a vote on Vonk’s departure.
The meeting will now not take place. Angus Energy has previously said it believed that former chairman, serial entrepreneur Jonathan Tidswell-Pretorius, was connected to one of the nominee shareholders, HSBC Global Custody Nominee.
South African Tidswell-Pretorius was removed last year after the board said it was investigating a potential violation of its share-dealing code.
It said it would reconsider reappointing Tidswell-Pretorius if he was ‘completely exonerated’.
A source told the Mail that the management changes were an attempt by Tidswell-Pretorius to regain control.
Angus Energy highlighted Lucan’s experience, adding: ‘George brings other contacts and opportunities’.
Lucan’s father, the seventh Earl of Lucan, went missing in 1974. He was the prime suspect in the murder of his children’s nanny, Sandra Rivett.
Angus Energy has interests in UK oil and gas fields in West Sussex and Surrey.