Permian Resources announced pending retirements of two executive officers of the Company, along with their respective succession plans. Announced Leadership Transition: Sean Smith to retire as Executive Chairman, effective December 31, 2022; Steve Gray to be named non-executive Chairman of the Board; George Glyphis to retire as Chief Financial Officer, effective March 1, 2023; Guy Oliphint will succeed Mr. Glyphis as Chief Financial Officer. Leadership Transition: Permian Resources announced that its Board of Directors expects to appoint Steve Gray as non-executive Chairman of the Board, succeeding Sean Smith, who has notified the Board of his plans to retire from the Board, effective December 31, 2022. Gray has more than forty years of operational and financial experience within the energy industry. Previously, Gray was Founder, Director and Chief Executive Officer of RSP Permian until its merger with Concho Resources. George Glyphis, Executive Vice President and Chief Financial Officer, also announced his plans to retire following a nearly 30-year career in the oil and gas industry. Permian Resources announced that Guy Oliphint will join the Company as Executive Vice President of Finance, effective January 3, 2023. Oliphint will succeed Glyphis and assume the role of Executive Vice President and Chief Financial Officer, effective March 1, 2023.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PR:
