Scouting report · ITH.L

Iain Lewis

Chief Financial Officer & Executive Director, ITH.L since 2022-07src

Ex-TAQA Europe CFO; Ithaca Energy CFO since 2022, interim CEO for most of 2024

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026

Delivers guidance—no promises on the record yet

Answers the question—no call reviewed yet

Capital allocation—company not reviewed yet

Pay design100relative tsr · 99.99% for

Skin in the game—no holding or price on file

In the role: 4 yr
Promises scored: 0
Hit rate: —
Dodges / 100 answers: —
Airtime on calls: —

Every promise, oldest firstno scored promises yet

What to weigh

Watch 3

Keeps none of his vested IPO LTIP shares. On 2025-03-28 he exercised 114,274 shares and sold all of them at £1.620482. In March 2026 he exercised 63,399 and sold them all: 31,811 at £2.85 to cover tax, then 31,588 at about £2.67src
Pay, shareholding and age not located: the 2025 annual report (ithacaenergy.com, FCA NSM) and Companies House were egress-blocked, and eu_data was off-limits this monthsrc
His April 2025 deferred-bonus award (159,691 shares) was more than three times the CEO's (48,747). That award relates to 2024, the year he spent mostly as interim CEOsrc

In their favour 1

Long-term awards pay only on three-year relative TSR against an energy-sector peer group, and part of the annual bonus is deferred into shares for three yearssrc

Career

2024 – now
Ithaca Energy plcsrc
Chief Financial Officer; executive director
Returned to CFO-only on completion of the Eni UK combination, 2024-10-03 (RNS-2024-10-03)
2024 – 2024
Ithaca Energy plcsrc
Interim Chief Executive Officer and Chief Financial Officer
From 2024-01-05, when CEO Alan Bruce stepped down, until 2024-10-03. The Eni UK combination was announced on 2024-04-23 during his interim tenure
2022 – 2024
Ithaca Energy plcsrc
Chief Financial Officer
Joined July 2022, four months before the November 2022 London IPO

Undated in the sources

TAQA group (Abu Dhabi-listed)src, Group Deputy CFO; Europe CFO for the UK and Netherlands upstream and midstream businesses; Decommissioning Director for the UK decommissioning programme
EY (UK and Canada)src, Senior positions leading financial advisory and assurance work for upstream oil and gas companies

Not located: Years at TAQA and EY, and the order of the TAQA roles, not located. The annual reports and bio page (ithacaenergy.com), the 2022 IPO prospectus, Companies House and the FCA NSM were all egress-blocked on 2026-09-24. Only the July 2022 start at Ithaca is dated, and that date comes from a search summary

Achievements

Ran Ithaca as interim CEO while staying CFO from January to October 2024, the period in which the Eni UK combination was agreedsrc
Before Ithaca, a senior finance career at TAQA, including Group Deputy CFO and Europe CFO, plus oversight of its multibillion-dollar UK decommissioning programmesrc
FY2025 as CFO: net producing capex $629m and Rosebank capex $224m, both below guidance; cash tax $263m, also below guidance; $500m of dividends declaredsrc

Education

Robert Gordon University, BA Accounting and Finance (1999)src

Background

Other Chartered Accountantsrc
Family No family relationship to any director or officer located. The annual report that would state it could not be read (egress-blocked)src

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.