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Civitas Resources has detailed a CEO transition plan.
Civitas announced that Eric Greager has stepped down as President and Chief Executive Officer, effective January 31, 2022.
Civitas’ Chairman, Ben Dell will assume the role of Interim CEO.
In order to help ensure its continued success, Mr. Greager has agreed to serve as a technical consultant to Civitas for the next 12 months.
Civitas has formed a search committee comprised of members of its Board of Directors to identify a new CEO who will further Civitas’ core principles of executing on its prudent reinvestment strategy, returning meaningful cash to shareholders while maintaining a peer-leading balance sheet, realizing value creation via consolidation, and exhibiting continued ESG leadership.
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