Golar LNG appoints Stephen Schaefer to board effective August 1

Golar LNG Limited (NASDAQ: GLNG) announced that Stephen J. Schaefer will join its Board of Directors effective August 1, 2025.

Schaefer brings experience in natural gas and electricity markets spanning since 1993. He currently serves as Chairman of the Board of Talen Energy Corporation and as a board member for GenOn Energy, while also working as a Senior Advisor of EverGen Power LLC.

His previous positions include Chairman roles at GenOn Energy and Texgen Power LLC, and board positions at Homer City Holdings LLC and Element Markets LLC. Before retiring in 2015, Schaefer was a Partner with Riverstone Holdings, a private equity firm focused on energy investing.

Earlier in his career, Schaefer worked as a Managing Director with Huron Consulting Group, where he founded and led its Energy Practice. From 1998 to 2003, he served as Managing Director and Vice President of Duke Energy North America, overseeing mergers and acquisitions.

Schaefer holds a Chartered Financial Analyst designation and earned a Bachelor of Science degree magna cum laude in Finance and Accounting from Northeastern University.

"We are honoured to welcome Mr. Schaefer to the Board," said Mr. Troim, Chairman of the Board, according to the company's statement. "His deep expertise in global energy markets combined with a sharp strategic vision and well-established industry credibility will be instrumental in advancing Golar's growth ambitions."

The information was disclosed according to Section 5-12 of the Norwegian Securities Trading Act requirements.

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