Helmerich & Payne announced that Mark W. Smith, Senior Vice President and Chief Financial Officer, has informed the Company of his intention to retire in August of 2024. The Company has commenced a search process to identify CFO candidates. Mr. Smith will continue to serve in his current role until a successor is identified and has an opportunity to effectively transition into that position. Accordingly, Mr. Smith will remain as a senior advisor to the Company until December 2024 after his retirement date. President and CEO John Lindsay commented, “During Mark’s nearly six-year tenure, he has played a pivotal role in helping navigate some of the most difficult times in the Company’s history from an industry perspective. He has been instrumental in building upon H&P’s culture of strong financial discipline and in leading strategic, transformational organizational change, demonstrating exceptional leadership and strategic vision. We are grateful for Mark’s dedication and contributions.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on HP: