KLX Energy Services Appoints Geoffrey C. Stanford as Interim Chief Financial Officer

Rhea-AI Summary

KLX Energy Services (NASDAQ: KLXE) announced that Geoffrey C. Stanford will become Interim Chief Financial Officer effective January 7, 2026.

Stanford, 58, currently Senior Vice President and Chief Accounting Officer, joined KLX in 2018 and was promoted to Senior Vice President in December 2020. He is a licensed CPA with an MBA from Tulane and dual bachelor's degrees from Louisiana State University. He previously held senior accounting roles at Amedisys, Willbros Construction, The Shaw Group, and Albemarle Corporation.

Keefer M. Lehner notified the company on December 8, 2025 that he will resign as Executive Vice President and Chief Financial Officer effective January 7, 2026; the company said his resignation is not related to operations, financial reporting, or controls.

Positive

• Interim CFO appointment effective January 7, 2026
• Stanford has been with KLX since 2018 and promoted in December 2020
• Stanford is a licensed CPA with an MBA and senior accounting experience

Negative

• Current CFO Keefer Lehner will resign effective January 7, 2026

Key Figures

Interim CFO start date January 7, 2026 Effective date for Geoffrey C. Stanford as Interim CFO

Executive age 58 Age of Geoffrey C. Stanford, incoming Interim CFO

Market Reality Check

$1.78 Last Close

Volume Volume 178,163 is 22% above the 20-day average of 146,061. normal

Technical Shares at $1.66 trade 77.57% below the 52-week high and 13.7% above the 52-week low, remaining below the $2.17 200-day MA.

Peers on Argus

Peer moves are mixed: NINE down 6.23%, STAK down 3.67%, DWSN flat, while DTI gained 11.23% and RCON rose 0.77%. With KLXE flat on the day, the data point to stock-specific rather than sector-driven dynamics.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 13	IR schedule update	Neutral	-3.5%	Outlined December 2025 investor relations events and conference participation.
Nov 05	Q3 2025 earnings	Negative	-0.6%	Reported Q3 2025 revenue decline year over year and net loss with liquidity detail.
Oct 20	Earnings call schedule	Neutral	+3.0%	Announced date and access details for Q3 2025 earnings release and call.
Aug 06	Q2 2025 earnings	Positive	-5.6%	Shared Q2 2025 revenue growth, improved net loss and higher Adjusted EBITDA with outlook.
Jul 09	Earnings call schedule	Neutral	+0.5%	Set timing and access information for Q2 2025 earnings release and conference call.

Pattern Detected

KLXE’s shares have generally moved in line with the tone of news, with one notable divergence on stronger Q2 2025 earnings when the stock declined.

Recent Company History

Over the last six months, KLXE has reported mixed operating performance alongside routine investor events. Q2 and Q3 2025 results showed revenue of $159M and $166.7M, respectively, but both quarters carried net losses, with Q3 revenue down year over year and liquidity at $65.2M. Conference call and investor-relations announcements around August and November 2025 produced modest share reactions. Against this backdrop, the appointment of an interim CFO continues a period of operational execution and balance-sheet management rather than introducing a new strategic shift in the disclosed data.

Market Pulse Summary

This announcement details an internal transition as Geoffrey C. Stanford becomes Interim CFO on January 7, 2026, following the prior CFO’s resignation, which the company states is not related to operations or financial controls. Historically, KLXE’s key developments have centered on mixed earnings, liquidity of about $65.2M, and refinancing activity. Investors may watch upcoming financial reports and governance disclosures to assess how this leadership change integrates with ongoing cost, capital structure, and margin initiatives.

Key Terms

certified public accountant financial

"Stanford is a licensed Certified Public Accountant."

A certified public accountant (CPA) is a licensed accounting professional who has passed rigorous exams and met education and experience requirements to prepare, review, and officially certify financial statements and tax filings. For investors, a CPA's involvement is like a neutral referee confirming that a company's reported numbers are accurate and follow accounting rules, which improves trust in financial reports and lowers the risk of unexpected errors or misleading information.

AI-generated analysis. Not financial advice.

HOUSTON, Dec. 10, 2025 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that Geoffrey C. Stanford has been appointed as Interim Chief Financial Officer, effective January 7, 2026. Mr. Stanford, the Company's current Senior Vice President and Chief Accounting Officer, will succeed Keefer M. Lehner who notified the Company on December 8, 2025 of his intent to resign from his position as Executive Vice President and Chief Financial Officer, effective January 7, 2026. Mr. Lehner's resignation is not related to any issue with the Company's operations, financial reporting or controls. 

Mr. Stanford, age 58, joined the Company in 2018 as its Vice President and Chief Accounting Officer and was promoted to Senior Vice President in December 2020. Before joining the Company, Stanford served as Vice President of Accounting at Amedisys Home Health & Hospice and as Vice President and Chief Accounting Officer at Willbros Construction, where he led corporate accounting initiatives. His career also includes key roles at The Shaw Group and Albemarle Corporation, where he focused on corporate operations and financial management. Stanford is a licensed Certified Public Accountant. He earned a Master of Business Administration degree from Tulane University and bachelor's degrees in Accounting and Finance from Louisiana State University.

Chris Baker, KLX President and Chief Executive Officer, stated, "The Board and I have great confidence in Geoff's leadership of the accounting and finance team. His promotion is well earned, and we expect a smooth transition. I want to thank Keefer for his years of service and wish him well in his new endeavors."

Lehner added, "It has been my honor to serve as CFO of KLX. I'm proud of what we have accomplished and have great confidence in the team and the Company. I wish KLX continued success."

About KLX Energy Services Holdings, Inc.

KLX is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active major basins throughout the United States. The Company delivers mission critical oilfield services focused on drilling, completion, production, and intervention activities for technically demanding wells from over 60 service and support facilities located throughout the United States. KLX's complementary suite of proprietary products and specialized services is supported by technically skilled personnel and a broad portfolio of innovative in-house manufacturing, repair and maintenance capabilities. More information is available at www.klx.com.

Contact:	Dennard Lascar Investor Relations
	Ken Dennard / Natalie Hairston
	(713) 529-6600
	KLXE@dennardlascar.com

 

View original content:https://www.prnewswire.com/news-releases/klx-energy-services-appoints-geoffrey-c-stanford-as-interim-chief-financial-officer-302638484.html

SOURCE KLX Energy Services Holdings, Inc.

FAQ

Who is the new Interim CFO of KLX Energy Services (KLXE) and when is the change effective?

Geoffrey C. Stanford will serve as Interim Chief Financial Officer effective January 7, 2026.

Why is Keefer Lehner resigning as KLX CFO (KLXE) and when did he notify the company?

Keefer Lehner notified the company on December 8, 2025 of his intent to resign; the company said his resignation is not related to operations, financial reporting, or controls.

What is Geoffrey Stanford's experience prior to becoming Interim CFO of KLX (KLXE)?

Stanford joined KLX in 2018, was promoted in December 2020, is a licensed CPA, holds an MBA from Tulane, and previously held senior accounting roles at Amedisys, Willbros Construction, The Shaw Group, and Albemarle.

Will Geoffrey Stanford be a permanent CFO of KLX (KLXE)?

The announcement names Geoffrey Stanford as Interim Chief Financial Officer; no permanent appointment date was provided.

How might the KLX (KLXE) CFO transition affect investors in the near term?

The company expects a smooth transition and highlighted Stanford's internal experience; no financial guidance or reporting changes were disclosed.