Donald F. Textor to Retire from EOG Resources Board of Directors
Rhea-AI Summary
EOG Resources announced that Donald F. Textor will retire from the Board of Directors at the end of his current term and will not seek re-election at the company's 2025 annual stockholders meeting. Textor, who joined EOG's board in 2001, brought extensive experience from his 21-year career at Goldman, Sachs & Co., where he served as General Partner and Managing Director, specializing in oil and gas exploration and production companies.
During his tenure at EOG, Textor also served as Portfolio Manager of the Dorset Energy Fund and Partner at Knott Partners Management. Chairman and CEO Ezra Y. Yacob acknowledged Textor's significant contributions over his 24-year service, during which EOG grew from a small E&P company to become one of the largest independent E&P companies and a technology leader in the oil and gas sector.
Positive
- 24-year board member tenure demonstrates long-term stability and institutional knowledge
- Company achieved significant growth during director's tenure, becoming a major independent E&P player
- Successfully navigated multiple commodity price cycles while delivering shareholder value
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, EOG gained 1.33%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"On behalf of EOG and the Board, I would like to thank Don for his dedicated service to EOG over the past 24 years," said Ezra Y. Yacob, Chairman and Chief Executive Officer. "Don's counsel and support were integral to EOG's success growing from a small E&P to become one of the largest and most successful independent E&P companies and a technology leader in the oil and gas sector. During his tenure, EOG successfully navigated multiple commodity price cycles and delivered exceptional shareholder value. We offer Don and his family our best wishes."
About EOG
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in
Investor Contacts | |
Pearce Hammond | 713–571–4684 |
Neel Panchal | 713-571-4884 |
Shelby O'Connor | 713-571-4560 |
Media Contact | |
Kimberly Ehmer | 713-571-4676 |
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SOURCE EOG Resources, Inc.