Sanchez Energy Announces Management Changes and Board Additions
October 29 2018 - 5:00PM
Sanchez Energy Corporation (NYSE: SN) today announced the
appointment of an Interim Chief Financial Officer and two new
independent members to its Board of Directors. The Board also
appointed Tony Sanchez, III, President of Sanchez Energy in
addition to his current position of Chief Executive Officer.
Cameron W. George has been appointed Interim
Chief Financial Officer of Sanchez Energy, effective
immediately. Mr. George joined Sanchez Energy in 2016 as
Senior Vice President of Capital Markets and has more than 15 years
of investment banking and industry experience encompassing
corporate finance, mergers and acquisitions, financial reporting,
treasury, risk management and investor relations. Since
joining Sanchez Energy, he has led the financing of its asset base
and operations and will continue to serve as the primary corporate
contact with investment banks, capital providers and rating
agencies in addition to leading the company’s finance, accounting,
treasury, investor relations and business development
activities.
Mr. George led the finance team at Linn Energy,
LLC from 2005 until joining Sanchez Energy. Before that, he
was an investment banker in the energy group at RBC Capital
Markets. Mr. George graduated summa cum laude with business
honors and earned a Bachelor of Business Administration in finance
with an accounting concentration from Southern Methodist
University.
Mr. George will succeed Howard J. Thill, who
resigned from the company to pursue other opportunities. Mr.
Thill’s departure is not related to any disagreements regarding
financial disclosures, accounting matters or other business
issues.
Eugene I. Davis and Adam C. Zylman have been
appointed to Sanchez Energy’s Board of Directors. Mr. Davis
is Chairman and Chief Executive Officer of PIRINATE Consulting
Group, LLC, a private consulting firm specializing in turnaround
management, merger and acquisition consulting, hostile and friendly
takeovers, proxy contests and strategic planning. Before
forming PIRINATE, Mr. Davis served as President, Vice Chairman, and
Director of Emerson Radio Corporation from 1990 to 1997. He
also served as Chief Executive Officer and Vice Chairman of Sport
Supply Group, Inc. from 1996 to 1997. Mr. Davis currently
serves as a Director of Seadrill Limited (NYSE: SDRL), VICI
Properties Inc. (NYSE: VICI) and Verso Corporation
(NYSE:VRS). Mr. Davis holds a bachelor’s degree from Columbia
College, a Master of International Affairs degree in international
law and organization from the School of International Affairs of
Columbia University, and a Juris Doctorate from Columbia University
School of Law.
Mr. Zylman co-founded Sunland Capital in 2009, a
privately-owned holding company that invests in energy, industrial
and infrastructure service companies. Mr. Zylman has been
involved in dozens of new platform company recapitalizations and
add-on acquisition transactions, as well as the successful sale or
initial public offering of several companies. Prior to
co-founding Sunland Capital, Mr. Zylman held roles at SCF Partners
and Merrill Lynch & Co. Mr. Zylman has a Bachelor of Arts
in economics and managerial studies from Rice University and is a
member of the Houston Chapter of YPO.
“Today’s leadership changes help set the stage
for the next phase of the company’s corporate development,” said
Mr. Sanchez. “Cam has demonstrated tremendous leadership in
the company’s transformational initiatives over the past two years,
and we are pleased that he is stepping up to take a larger role
with the company. With his unique industry experience and
extensive financial and accounting knowledge, he will play a key
role in developing and implementing a corporate strategy that
supports the company’s continued development.
“In addition, we are pleased to be adding two
high-quality individuals with tremendous experience and great
reputations to the Board. Their technical knowledge and
unique perspectives will be valuable additions to the company.”
ABOUT SANCHEZ ENERGY
CORPORATIONSanchez Energy Corporation (NYSE: SN) is an
independent exploration and production company focused on the
acquisition and development of U.S. onshore unconventional oil and
natural gas resources, with a current focus on the Eagle Ford Shale
in South Texas. For more information about Sanchez Energy
Corporation, please visit our website:
www.sanchezenergycorp.com.
COMPANY CONTACT:Kevin SmithVP
Investor Relations(281) 925-4828
Cham KingDirector, Capital Markets &
Investor Relations (713) 756-2797
General Inquiries: (713)
783-8000www.sanchezenergycorp.com
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