Santos chief executive David Knox has agreed to resign following a tumultuous year in which the Australian independent’s share price has fallen to less than a third of its value 12 months ago.
Santos did not give a date for Knox’s departure, saying only that he will part ways with the company once a successor has been appointed.
The company also said that due to the continuing pressure on its share price and approaches from other parties concerning various assets and strategic opportunities it will carry out a full strategic review to examine all options to restore and maximise shareholder value.
Santos’
