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Sanchez Taps New Interim CFO; CEO Tony Sanchez Absorbs President Role

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   |    Monday,October 29,2018

Sanchez Energy Corp. announced the appointment of an Interim CFO and two new independent members to its Board of Directors.

The Board also appointed Tony Sanchez, III, President of Sanchez Energy in addition to his current position of Chief Executive Officer.

Cameron W. George has been appointed Interim Chief Financial Officer of Sanchez Energy, effective immediately. Mr. George joined Sanchez Energy in 2016 as Senior Vice President of Capital Markets and has more than 15 years of investment banking and industry experience encompassing corporate finance, mergers and acquisitions, financial reporting, treasury, risk management and investor relations. Since joining Sanchez Energy, he has led the financing of its asset base and operations and will continue to serve as the primary corporate contact with investment banks, capital providers and rating agencies in addition to leading the company's finance, accounting, treasury, investor relations and business development activities.

Mr. George led the finance team at Linn Energy, LLC from 2005 until joining Sanchez Energy. Before that, he was an investment banker in the energy group at RBC Capital Markets. Mr. George graduated summa cum laude with business honors and earned a Bachelor of Business Administration in finance with an accounting concentration from Southern Methodist University.

Mr. George will succeed Howard J. Thill, who resigned from the company to pursue other opportunities. Mr. Thill's departure is not related to any disagreements regarding financial disclosures, accounting matters or other business issues.

Board Appointments

Eugene I. Davis and Adam C. Zylman have been appointed to Sanchez Energy's Board of Directors. Mr. Davis is Chairman and Chief Executive Officer of PIRINATE Consulting Group, LLC, a private consulting firm specializing in turnaround management, merger and acquisition consulting, hostile and friendly takeovers, proxy contests and strategic planning. Before forming PIRINATE, Mr. Davis served as President, Vice Chairman, and Director of Emerson Radio Corporation from 1990 to 1997. He also served as Chief Executive Officer and Vice Chairman of Sport Supply Group, Inc. from 1996 to 1997. Mr. Davis currently serves as a Director of Seadrill Limited (NYSE: SDRL), VICI Properties Inc. (NYSE: VICI) and Verso Corporation (NYSE:VRS). Mr. Davis holds a bachelor's degree from Columbia College, a Master of International Affairs degree in international law and organization from the School of International Affairs of Columbia University, and a Juris Doctorate from Columbia University School of Law.

Mr. Zylman co-founded Sunland Capital in 2009, a privately-owned holding company that invests in energy, industrial and infrastructure service companies. Mr. Zylman has been involved in dozens of new platform company recapitalizations and add-on acquisition transactions, as well as the successful sale or initial public offering of several companies. Prior to co-founding Sunland Capital, Mr. Zylman held roles at SCF Partners and Merrill Lynch & Co. Mr. Zylman has a Bachelor of Arts in economics and managerial studies from Rice University and is a member of the Houston Chapter of YPO.