Baytex announces the appointment of Chad Lundberg as President and Chief Operating Officer, effective December 22, 2025. Lundberg joined Baytex in 2018 and has served as Chief Operating Officer since July 2021, playing a key role in the successful development and expansion of the Company’s Canadian oil and gas portfolio. Additionally, Tiffany Thom Cepak and Angela Lekatsas have informed the Board of Directors of their intention to step down as directors effective January 1, 2026. Following these departures, the Board of Directors will be comprised of 8 members, 7 of whom are independent.
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