Ithaca Energy CEO Luciano Vasques to step down

Oct 16 (Reuters) — Oil and gas producer Ithaca Energy on Friday said that CEO Luciano Vasques intends to retire by March 31, 2027. The company said that the board has commenced the search for a successor Vasques, formerly Eni UK managing director, was appointed to lead the combined group after Ithaca bought all of Eni's UK oil and gas producing assets in 2024 In his three years, he led the group through the business combination with Eni UK and through multiple acquisitions to expand its portfolio Under Vasques' tenure, shares of the company have nearly tripled in value (Reporting by Simone Lobo in Bengaluru; Editing by Mrigank Dhaniwala) ((Simone.Lobo@thomsonreuters.com, +919920570373)