SM Energy Announces The Appointment Of Anita M. Powers To The Company's Board Of Directors
SM Energy Company (NYSE: SM) has appointed Anita M. Powers as an independent director, effective immediately.
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Rhea-AI Summary
SM Energy Company (NYSE: SM) has appointed Anita M. Powers as an independent director, effective immediately. Ms. Powers, with over 35 years of geosciences experience, will also join the Audit and Compensation Committees. Previously, she was the Executive Vice President of Worldwide Exploration at Occidental Petroleum Corporation and has served on the boards of California Resources Corporation and EQT Corporation. This appointment aims to enhance the board's expertise, particularly in the Permian Basin.
Positive
- Anita M. Powers brings over 35 years of industry experience, which could strengthen the Board's decision-making.
- Powers' specific knowledge of the Permian Basin may offer valuable insights for SM Energy's operations.
Negative
- None.
Details
News Market Reaction – SM
The recorded move for SM in the trading session of this news was -13.93%.
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DENVER, Nov. 24, 2021 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that Anita M. Powers has been appointed to serve as a director of the Company. Ms. Powers will serve as an independent director and as a member of the Audit Committee and the Compensation Committee of the Board of Directors.
Bill Sullivan, Chairman of the Board, comments, "Anita's background and experience will provide valuable expertise to the SM Energy Board. She brings more than 35 years of industry experience in the geosciences along with specific knowledge of the Permian Basin. We welcome Anita and look forward to her insight and counsel."
Ms. Powers retired from Occidental Petroleum Corporation in 2016, where she served as the Executive Vice President of Worldwide Exploration for Occidental Oil and Gas Corporation and Vice President of Occidental Petroleum Corporation, roles that she held since 2007. Ms. Powers previously served as a director of California Resources Corporation from 2017 to 2020 and has served as a member of EQT Corporation's board of directors since 2018.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in the state of Texas. SM Energy routinely posts important information about the Company on its website. For more information about SM Energy, please visit its website at www.sm-energy.com.
SM ENERGY INVESTOR CONTACT
Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507
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SOURCE SM Energy Company
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