Tim is currently Chair of the Oil and Gas Authority (OGA), MyCelx Technologies Corporation, a member of the Strategic Advisory Board of Braemar Energy Ventures, and Chair of Governors at Shiplake College. From 2011 until 2017, Tim was Non-executive Chair of the FTSE-listed energy services company Cape, he left the board when Cape was bought by French construction equipment giant Altrad for £332m.
Following an early career in banking, Tim was elected to the UK Parliament in 1979 and had a distinguished parliamentary career from 1979 to 1997, including time as a government minister under Prime Ministers Margaret Thatcher and John Major. He served as Minister for Trade and Industry, Education and Science, and Employment; was Parliamentary Under-Secretary for Foreign Affairs and, from 1992 until 1996, held the key Government appointment of Minister for Energy.
After retiring from his parliamentary career, Tim joined Monument Oil & Gas and was subsequently appointed CEO in 1998. Monument was a leading independent oil and gas exploration company. Based in the UK and listed on the London Stock Exchange, the company produced oil and gas in the UK and Argentina, and had exploration sites in the UK, South America, North Africa, Central Asia and South East Asia. Tim led Monument through a period of growth prior to the company being sold in 1999 to Lasmo for over £500 million.
Tim was then appointed Global Head of Integrated Energy Corporate Finance at ABN AMRO and led a team focused on M&A, IPOs and corporate finance, from 2000 until 2004.
After that, he developed a successful Non-executive portfolio career with publicly listed and private companies. He was Chair of the leading global oil and gas M&A advisory boutique Harrison Lovegrove from 2005 until the business was acquired by Standard Chartered in 2007.
Tim was also Chair of Indago Petroleum and 3Legs Petroleum during their respective IPOs on to the AIM Market and has also held Non-executive Directorships with Anglo-Asian Mining, Getmapping.com, TAG Energy Solutions and Expro International Group. He has recently stepped down as Chair of the family-owned holiday homes business The Haulfryn Group.
Tim is a graduate of Magdalene College Cambridge and the College of Law.