NATCHEZ, Miss., May 14, 2018 /PRNewswire/ -- Callon Petroleum
Company (NYSE: CPE) ("Callon" or the "Company") today announced
that at the annual meeting of shareholders held on May 10, 2018, the shareholders of the Company
elected Maj. Gen. (Ret.) Barbara J.
Faulkenberry and Joseph C. Gatto,
Jr., the Company's President and Chief Executive Officer, to
the Company's Board of Directors (the "Board"). The shareholders
also re-elected Board Chairman Richard L.
Flury. General Faulkenberry and Messrs. Flury and Gatto were
each nominated to the Board of Directors by management in the
Company's proxy statement dated March
23, 2018.
Our newest independent Board member, Major General (Ret.)
Faulkenberry, retired from the U.S. Air Force in 2014 as a Major
General (2-stars) after a 32-year career. Her last assignment was
as Vice Commander (COO) and interim Commander (CEO) of a
37,000-person organization conducting Department of Defense air
logistics including cargo/passenger, air refueling, and patient
movements across the globe. During her military career, General
Faulkenberry served in a wide variety of operational and leadership
positions, including Director of Mobility Forces for the U.S.
Central Command during the drawdown of forces in Iraq and the simultaneous buildup in
Afghanistan. Her staff assignments
included experience in operations, logistics, strategy,
governmental affairs and leadership development. She is currently
an independent director for USA
Truck, a publicly-traded provider of trucking and capacity solutions services across
North America, where she serves as
chair of the Technology Committee and as a member of the Nominating
and Corporate Governance Committee. She holds a Bachelor of Science
degree from the Air Force Academy, an
MBA from Georgia College, and a Master
of National Security from the National Defense
University. Major General (Ret.) Faulkenberry has been
appointed to serve on the Audit Committee, the Nominating and
Corporate Governance Committee, and the Strategic Planning
Committee.
Mr. Flury commented, "We are very pleased to add Barbara and Joe
to Callon's Board of Directors as both will contribute meaningfully
to the Company's strategic plans and growth as an organization.
Their additions reflect our desire to continue advancing diversity
of thought and experience on the Board. Barbara's thirty-plus years
of experience in operations, logistics, and leadership will be an
asset as we continue to optimize execution as a leading operator
focused on sustained value creation. As a member of the management
team, Joe has been a critical element to Callon's strategic growth
in the Permian Basin, and we welcome his further contributions as a
member the Board. On behalf of the Board, we look forward to
leveraging both new members' insights and expertise to build upon
Callon's success in the years to come."
Callon Petroleum Company is an independent energy company
focused on the acquisition, development, exploration and operation
of oil and gas properties in the Permian Basin in West Texas.
This news release is posted on the Company's website at
www.callon.com, and will be archived for subsequent review under
the "News" link on the top of the homepage.
Mark Brewer
Director of Investor Relations
281-589-5200
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SOURCE Callon Petroleum Company