SM ENERGY APPOINTS BETH MCDONALD AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER
Rhea-AI Summary
SM Energy Company (NYSE: SM) has appointed Beth McDonald as Executive Vice President and Chief Operating Officer, effective September 9, 2024. Ms. McDonald brings extensive experience from her previous role as Executive Vice President at Pioneer Natural Resources Company, where she focused on strategic planning, field development, and marketing. With a 20-year tenure at Pioneer, she held leadership positions in both the Permian Basin and South Texas regions. Her background includes engineering roles at Hess and Total E&P USA. Ms. McDonald holds a Bachelor of Science in Petroleum Engineering from Texas A&M University. SM Energy's CEO, Herb Vogel, expressed confidence in McDonald's ability to contribute to the company's success in Texas and apply her expertise to their new Utah assets.
Positive
- Appointment of an experienced industry leader as COO
- New COO brings expertise in strategic planning, field development, and marketing
- Potential for improved operations in Texas and Utah assets
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SM declined 1.42%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
President and Chief Executive Officer Herb Vogel comments: "We are delighted to welcome Beth to our executive team. She is an experienced and respected leader in our industry. Her breadth of experience at Pioneer, including leadership roles in engineering, planning and marketing that spanned both the Permian Basin and Eagle Ford, make her an ideal addition to our team. I look forward to working with Beth to continue our success in
Ms. McDonald most recently served as Executive Vice President – Strategic Planning, Field Development and Marketing for Pioneer Natural Resources Company. For approximately the last twenty years, Ms. McDonald worked in roles of increasing responsibility at Pioneer, holding leadership positions focusing on both the Permian Basin and South Texas. Prior to joining Pioneer, Beth held various engineering roles at Hess Corporation and Total E&P
ABOUT THE COMPANY
SM Energy Company is an independent energy company currently engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the state of
SM ENERGY INVESTOR CONTACTS
Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507
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SOURCE SM Energy Company
