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Laredo Petroleum, Inc. reported that Jason Pigott will succeed Randy A. Foutch as the Company's Chief Executive Officer, effective October 1, 2019.
Mr. Pigott will continue in his role as President.
Mr. Foutch will remain Chairman of Laredo's Board of Directors ("Board") through the Company's 2020 Annual Meeting, but will not stand for re-election to the Board. Additionally, the Board has decided the roles of Chairman and Chief Executive Officer will remain separate and the future Chairman will be independent.
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