Mr. John R. Van Kirk, the Managing Director of North European Oil Royalty Trust, has announced his retirement effective January 30, 2026.
Ms. Nancy J. Floyd Prue appointed as interim Managing Director after Mr. Van Kirk's retirement.
Ms. Floyd Prue has been a Trustee since March 2018 and has been the Managing Trustee since March 2023.
Retirement of Mr. Van Kirk
Mr. Van Kirk retires after over 35 years of service to the Trust.
Appointment of Interim Managing Director
Ms. Nancy J. Floyd Prue will serve as the interim Managing Director.
Gratitude to Mr. Van Kirk
Trustees express gratitude to Mr. Van Kirk for his dedicated service.
- The retirement of Mr. Van Kirk marks a significant change in leadership at the Trust.
- Transition to Ms. Floyd Prue as interim Managing Director signifies continuity within the Trust's management.
- This change may impact the strategic direction of the Trust in the coming months.
The retirement of the Managing Director and appointment of an interim successor signal a new chapter for the North European Oil Royalty Trust. Investors will be closely monitoring the developments under the leadership of Ms. Floyd Prue.