Barnwell Industries appoints Philip Patman as EVP, finance

Barnwell Industries (BRN) announced the appointment of Philip Patman, Jr. as Executive Vice President, Finance. The Company also announced the planned retirements of Russell Gifford, CFO and Alex Kinzler, General Counsel and Secretary. Mr. Gifford will assist in ensuring an orderly transition, which is expected to be completed by year-end 2025. Following Mr. Gifford’s retirement, it is anticipated that Mr. Patman will become CFO of the Company. In connection with his appointment as Executive Vice President, Finance, Mr. Patman also has been appointed to Barnwell’s Board of Directors. Mr. Patman’s background includes senior roles at Pantheon Resources plc, MacroFab, Soluna Holdings, VAALCO Energy, PTT Exploration & Production, Ameresco, earlier work in independent power and project finance, and private equity/infrastructure investing. The Company also announced the appointment of Alyson Bilinski as Vice President of Finance. She has held senior roles in both public and private companies, including more than a decade with a mid-cap exploration and production company dual listed on the TSX and NYSE.