VAALCO Announces Resignation of Chief Financial Officer
May 12 2016 - 4:15PM
VAALCO Energy, Inc. (NYSE:EGY) today announced that Don McCormack,
the Company’s Chief Financial Officer, has resigned effective June
2, 2016 to spend more time with his family and pursue other
opportunities. Mr. McCormack’s departure was not related to any
issues regarding financial disclosures, accounting or legal
matters.
Steve Guidry, the Company’s Chief Executive
Officer, commented: “We appreciate Don’s contributions to VAALCO.
We thank him for his service and dedication and wish him all
the best in his future endeavors.”
The Company’s Chief Accounting Officer and
Controller, as well as its Vice President of Strategic Planning,
Marketing and Treasurer will report to the Chief Executive Officer
while the Company conducts a search for a new Chief Financial
Officer. VAALCO has engaged Russell Reynolds Associates to assist
in the search process.
About VAALCO
VAALCO Energy, Inc. is a Houston-based
independent energy company principally engaged in the acquisition,
exploration, development and production of crude oil. The Company's
properties and exploration acreage are located primarily in Gabon,
Equatorial Guinea and Angola in West Africa.
Investor Contacts
Al Petrie
Investor Relations Coordinator
713-543-3422
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