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Cairn Oil & Gas CEO Ajay Dixit Quits – Report

Gasoil News - Published on Tue, 19 May 2020

Image Source: Cairn Oil & Gas
PTI, citing sources with direct knowledge of the development, reported that Vedanta Ltd's Cairn Oil & Gas CEO Ajay Dixit, who was appointed CEO of Cairn Oil and Gas in mid-April last year, has decided not to seek an extension of his contract when it comes to an end at the end of the month. Mr Dixit had the shortest tenure of just over a year as the head of the firm that operates the nation's biggest onland field in Barmer in Rajasthan. He was acting CEO of Vedanta's aluminum and power business before being elevated as CEO of Cairn Oil & Gas. His appointment had come after Sudhir Mathur resigned from the company.

Dixit is the fifth CEO to have quit the company since Vedanta completed the acquisition of Cairn India in December 2011.

Source :

Posted By : Yogender Pancholi on Tue, 19 May 2020
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