ESIA Appoints Non-Executive Director to Strengthen Market Proposition

Energy Software Intelligence Analytics (“ESIA”), a provider of strategic business intelligence and market research services is pleased to announce the appointment of Douglas Montgomery as a non-executive director.

Mr Montgomery was formerly global head of sales and an executive director for Wood Mackenzie. He worked with Wood Mackenzie for over 28 years leading the company through a management buy-out from Deutsche Bank in 2001 and throughout a period of exponential growth, with multiple private equity transactions, through to the eventual sale to Verisk Analytics in 2015.

Gavin Prise, chairman of ESIA said: “We are delighted to welcome Doug to the board. His detailed understanding of the industry, business intelligence offerings and the challenges of delivering strategic growth initiatives and will bring tremendous insight to ESIA. The addition of Doug to the board underlines our vision and commitment to become a trusted and leading provider of market intelligence in the upstream oil and gas market”.

“ESIA has developed rapidly in the year since its formation and the assembled capabilities within the group are starting to come together” said Mr Montgomery, who will join the board in July 2016. “ESIA aims to deliver unique insights and perspectives to the sector and its customers, a service that is particularly valuable at this challenging time for the market. I believe their customer-led approach to address the questions of the industry today presents a compelling offering. I join at an exciting time in the development of the company and I am looking forward to utilising my knowledge and experience in the sector to help guide the company to deliver on its vision.”

Energy Ventures Senior Partner, Rune Jensen commented “Our goal with ESIA is to develop a company that offers a unique perspective on the upstream oil and gas market through providing deeper insight and perspective. With Doug joining the team we are confident that his experience of developing companies in this market space will only strengthen our market proposition and strategic execution.”