Laredo Petroleum Announces Appointment of William Albrecht to Board of Directors
February 21 2020 - 8:30AM
Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company")
today announced the appointment of William Albrecht to the
Company's Board of Directors (the "Board"). His appointment as an
independent director and as a member of the Board's Compensation
and Nominating and Corporate Governance committees was effective
February 20, 2020.
Mr. Albrecht brings insight from more than 40 years of
experience in the oil and gas industry, including multiple
executive leadership roles, to Laredo's Board. He most recently
served as Executive Chairman of the Board of Directors of
California Resources Corporation ("CRC"). Prior experience includes
multiple positions at Occidental Petroleum where he had broad
supervision of the exploration and production business as Vice
President of Occidental Petroleum, President of Oxy Oil & Gas,
Americas and President of Oxy Oil & Gas, USA. Earlier in his
career, Mr. Albrecht was an executive at EOG Resources and an
engineer for Tenneco Oil Company.
Mr. Albrecht currently serves as a member of the Board of
Directors of several publicly traded energy companies, including as
Chairman of the Board of CRC and as a member of the Boards of
Halliburton and Valaris. Additionally, he is a National Association
of Corporate Directors Board Leadership Fellow. His educational
background includes a Bachelor of Science from the United States
Military Academy and a Master of Science from the University of
Southern California.
"We are fortunate to add someone as accomplished as Bill to our
Board," stated Jason Pigott, President and CEO. "His extensive
industry background and experience on multiple Boards will provide
invaluable insight to the Company as we continue to focus on our
strategy, including targeting accretive acquisitions, to improve
corporate returns and drive consistent Free Cash Flow
generation."
About Laredo
Laredo Petroleum, Inc. is an independent energy company with
headquarters in Tulsa, Oklahoma. Laredo's business strategy is
focused on the acquisition, exploration and development of oil and
natural gas properties, primarily in the Permian Basin of West
Texas.
Additional information about Laredo may be found on its website
at www.laredopetro.com.
Contacts:Ron Hagood: (918) 858-5504 -
RHagood@laredopetro.com
Laredo Petroleum (NYSE:LPI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Laredo Petroleum (NYSE:LPI)
Historical Stock Chart
From Apr 2023 to Apr 2024