Callon Petroleum Company Announces Departure of Board Member

On November 7, 2022, Callon Petroleum Company (NYSE: CPE) announced the resignation of board member Michael L. Finch, who served since 2015.

Rhea-AI Summary

On November 7, 2022, Callon Petroleum Company (NYSE: CPE) announced the resignation of board member Michael L. Finch, who served since 2015. The decision was acknowledged by Chairman Richard Flury, who expressed gratitude for Finch's contributions over the past seven years. Callon Petroleum focuses on acquiring, exploring, and developing high-quality oil and natural gas assets in South and West Texas, positioning itself strategically in leading oil plays.

Positive

• Strengthened leadership perspective with potential for new strategic direction.

Negative

• Departure of experienced board member may raise concerns about continuity.

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HOUSTON, Nov. 7, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that Michael L. Finch has stepped down as a director of the Company.

"Mike has served Callon with dedication since 2015. On behalf of the board of directors, the management team, and our shareholders, I want to thank him for his valuable contributions to the Company over the past seven years," said Chairman of the Board Richard Flury. "We wish Mike and his wife all the best in the years to come."

About Callon Petroleum

Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.

Contact Information

Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200

 

View original content:https://www.prnewswire.com/news-releases/callon-petroleum-company-announces-departure-of-board-member-301670634.html

SOURCE Callon Petroleum Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who has stepped down from Callon Petroleum's board?

Michael L. Finch has stepped down as a director of Callon Petroleum.

When did Michael L. Finch resign from Callon Petroleum?

Michael L. Finch resigned on November 7, 2022.

What impact might Michael L. Finch's resignation have on Callon Petroleum?

His departure could lead to concerns regarding continuity and board experience.

What is Callon Petroleum focused on?

Callon Petroleum focuses on the acquisition, exploration, and development of oil and natural gas assets in South and West Texas.