Diamondback Energy, Inc. Expands Management Team
March 15 2017 - 4:01PM
Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback” or the
“Company”) today announced it has expanded its officer group,
creating Executive Officer, Senior Vice President and Vice
President officer levels consistent with and to further accommodate
the Company’s growth.
Travis Stice, Chief Executive Officer, announced
that Michael L. Hollis was promoted to President and Chief
Operating Officer, and that Thomas F. Hawkins has joined the
Company as Senior Vice President of Land.
Mr. Stice also stated that Teresa L. Dick,
Randall J. Holder, Paul S. Molnar and Russell D. Pantermuehl were
promoted to Executive Vice President positions, Mathew Kaes Van’t
Hof was promoted to Senior Vice President, and the Company
designated four new Vice President positions.
Also announced was the promotion of Adam T.
Lawlis to Director, Investor Relations.
The Company’s senior management team is:
Executive Officers
* Travis D. Stice |
|
|
Chief
Executive Officer |
* Michael L.
Hollis |
|
|
President
& Chief Operating Officer |
* Teresa L. Dick |
|
|
Chief
Financial Officer, Executive Vice President and Assistant
Secretary |
* Randall J.
Holder |
|
|
Executive
Vice President, General Counsel and Secretary |
* Paul S. Molnar |
|
|
Executive
Vice President, Exploration and Business Development |
* Russell D.
Pantermuehl |
|
|
Executive
Vice President, Reservoir Engineering |
Sr. Vice Presidents
* Thomas F.
Hawkins |
|
|
Senior Vice
President, Land |
* Mathew Kaes Van’t
Hof |
|
|
Senior Vice
President, Strategy and Corporate Development |
Vice Presidents
* Kara B.
Blubaugh-Few |
|
|
Vice
President, Accounting and Controller |
* David L. Cannon |
|
|
Vice
President, Geoscience |
* W. Marc Dingler
IV |
|
|
Vice
President, Legal and Deputy General Counsel |
* Daniel N. Wesson |
|
|
Vice
President, Operations, Delaware Basin |
Mr. Stice further stated, “These promotions
reflect the contributions made by these individuals in growing
Diamondback Energy into one of the premier oil companies in the
Permian Basin. This expansion of the executive team allows us to
provide additional development opportunities and recognize
employees as we continue to drive superior shareholder returns.
Further, the Board of Directors’ promotion of Mr. Hollis to
President and Chief Operating Officer recognizes his outstanding
leadership as Chief Operating Officer for the last two
years.”
About Diamondback Energy, Inc.
Diamondback is an independent oil and natural
gas Company headquartered in Midland, Texas focused on the
acquisition, development, exploration and exploitation of
unconventional, onshore oil and natural gas reserves in the Permian
Basin in West Texas. Diamondback's activities are primarily focused
on the horizontal exploitation of multiple intervals within the
Wolfcamp, Spraberry, Clearfork, Bone Spring and Cline
formations.
Investor Contact:
Adam Lawlis
+1 432.221.7467
alawlis@diamondbackenergy.com
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