HOUSTON - Chord Energy Corp. (NASDAQ: CHRD), an independent oil and gas exploration and production company, announced executive leadership changes on Monday, with Michael Lou taking on the roles of Executive Vice President, Chief Strategy Officer, and Chief Commercial Officer. Shannon Kinney has been appointed as Executive Vice President, Chief Administrative Officer, and General Counsel, while Richard Robuck has been promoted to Executive Vice President and Chief Financial Officer.
President and CEO Danny Brown expressed confidence in the new appointments, highlighting Michael Lou's significant contributions to Chord's strategic and commercial success. Lou's expanded role is expected to further accelerate the company's progress and open new opportunities.
Shannon Kinney's responsibilities will now encompass Human Resources and Sustainability in addition to Legal, aiming to better utilize her leadership skills across the organization.
Richard Robuck's promotion to CFO comes after a history of finance leadership within the company, including as CFO of Oasis' midstream business and as Chord's Senior Vice President of Planning and Investor Relations. The board and CEO Brown have expressed full confidence in Robuck's leadership abilities.
Chord Energy, with operations concentrated in the Williston Basin, prides itself on a strong balance sheet and a commitment to capital discipline and free cash flow generation. The company emphasizes efficient, safe, and responsible operations to develop its unconventional onshore oil-rich resources in the continental United States.
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