Callon Petroleum Company Announces Retirement of Board Chair
Callon Petroleum Company (NYSE: CPE) announced that L. Richard Flury will retire from the Board of Directors after the 2023 Annual Meeting. Flury has served for 19 years and has been Chair since 2017. Under his leadership, Callon has expanded its asset base to over 200,000 gross acres in prime oil regions, enabling profitable production growth. The Board has named Matthew R. Bob as Chair-elect, who has been an independent director since 2014. Additionally, James M. Trimble will retire following the meeting, reflecting Callon's ongoing commitment to Board refreshment and good governance.
- Expansion of asset base to over 200,000 gross acres in key oil plays.
- Leadership transition to Matthew R. Bob, who has significant industry experience.
- None.
"With guidance from Richard's deep experience in the energy industry, Callon has built a high-quality asset base of more than 200,000 gross acres in the leading oil plays in the
"It has been a great honor to serve Callon during a period of extraordinary growth and change for our Company and our industry. I am confident that now is the right time to transition the role of Chair as Callon is well positioned with a strong board and management team to continue pursuing strategies to drive shareholder value," commented
In preparation for
Pursuant to the Company's mandatory retirement policy, director
About
Contact:
Director of Investor Relations
ir@callon.com
(281) 589-5200
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