North European Oil Royalty Trust Announces Leadership Changes with Retirement of Managing Director

North European Oil Royalty Trust Leadership Transition

The North European Oil Royalty Trust, listed on the NYSE as NRT, has informed stakeholders of significant leadership changes within the organization. On January 16, 2026, it was announced that John R. Van Kirk, who has served as the Managing Director for over 35 years, will retire from his position effective January 30, 2026.

In a statement regarding his retirement, Nancy J. Floyd Prue, the Trust's Managing Trustee since March 2023, expressed the board's gratitude for Mr. Van Kirk's extensive service. She noted, "The Trustees are grateful to Mr. Van Kirk for his more than 35 years of service to the Trust. We wish him the best in his retirement." This transition marks the end of an era for the Trust, especially considering Mr. Van Kirk's pivotal role in shaping its strategy and success over the decades.

Following Mr. Van Kirk’s departure, Nancy J. Floyd Prue will step in as the interim Managing Director. Ms. Floyd Prue has been a member of the Trust's Board of Trustees since March 2018, bringing with her a wealth of knowledge and experience that will be vital during this transition period. Her leadership is expected to maintain continuity in the Trust's operations and strategic direction.

The Trust is well-regarded in the oil and energy sector and has been recognized for its sustainability initiatives and contributions to the North European energy market. As it embarks on this new chapter, the Trust aims to continue its commitment to transparency and effective governance. Stakeholders have expressed confidence in Ms. Floyd Prue's ability to lead the Trust effectively during this transitional phase.

In the context of the broader economic landscape, this change in leadership could have implications for the Trust's operational priorities and strategic goals. Investors and stakeholders are keen to see how the incoming interim Managing Director plans to navigate the evolving challenges in the oil and energy industry.

As the Trust prepares for this major change, industry experts and analysts will undoubtedly be watching closely. The effectiveness of Ms. Floyd Prue's interim leadership may set the tone for future leadership selections and impact investor sentiment moving forward.

For any further inquiries, stakeholders are encouraged to reach out to Ms. Nancy J. Floyd Prue directly at (732) 741-4008 or via email at email protected]. Additional updates and information can also be found on their official website, [www.neort.com.

This moment serves as a reminder of the importance of leadership in guiding organizations through changes and demonstrates the Trust's resilience as it adapts to new circumstances while honoring the contributions of its long-serving members. The North European Oil Royalty Trust's ability to maintain stability during this transition will be crucial as it looks towards the future of energy market developments and continued partnerships within the industry.