As Chairman of Talisman, I’d like to take the opportunity to thank Dr. Jim Buckee for his service as President and Chief Executive Officer of the Company since its inception in December 1992. Under Jim’s leadership, Talisman became one of Canada’s largest and most successful oil and gas companies, one which is truly international in scope. Over this period of time, Talisman’s stock price increased by 18%, compounded annually.
On a personal note, I’ve enjoyed working with Jim in the seven years I’ve been on the Board. His intelligence, impressive technical knowledge and passion for Talisman and the oil business will be missed. He held strong convictions on a number of topics, including oil prices, but he was always open for a good debate, often at the peril of those who had fewer facts at their fingertips.
When he approached the Board about retirement, we realized that Jim would not be easy to replace. We needed someone not only familiar with all aspects of the global E&P business, but also someone who could develop the strategic vision for Talisman to take the Company to the next level. After a comprehensive worldwide search, we are confident John Manzoni is that person.
John brings intellect, international experience and a passion for the business to the role. He has almost 25 years of experience working in all facets of the industry with one of the world’s largest integrated oil and gas companies. Importantly, John brings the conviction that this is a great Company with a great future. On behalf of the Board, we look forward to working with him to deliver another 15 years of success for Talisman.
