George Maxwell is the CEO of Vaalco Energy, Inc., having taken the role on April 19, 2021, after a significant career in the oil and gas sector. Before joining Vaalco, he founded Eland Oil & Gas Plc, where he served...
George Maxwell is the CEO of Vaalco Energy, Inc., having taken the role on April 19, 2021, after a significant career in the oil and gas sector. Before joining Vaalco, he founded Eland Oil & Gas Plc, where he served as CEO and CFO, making a mark in the industry for about a decade. His experiences also include working at Addax Petroleum as their business development manager and holding financial leadership positions across Africa and Asia. Maxwell has a Master's in Business Administration from Robert Gordon University and is a Fellow of the Energy Institute in the UK. In 2023, Maxwell's compensation reached over $1.17 million, including a salary of $550,000 and a performance-based bonus of $561,000. Notably, he is gearing up for stock awards, with a significant number of shares granted that vest over the next three years, aligning his interests with those of shareholders. Maxwell is keen on increasing shareholder value, which is reflected in his bonus structure that incentivizes performance. His leadership style combines experience and a strong focus on operational performance, crucial for Vaalco as it navigates the challenges of the energy market.