Gulfport Energy (GPOR) announced that John Reinhart, president, CEO and director, has elected to depart the company and resign from the board of directors, effective immediately. An office of the chairman has been created to lead the company and the board of directors has retained an executive search firm to help identify qualified candidates for the CEO role. The office of the chairman will be led by Timothy Cutt, chairman of the board of directors and former Gulfport CEO from May 2021 until January 2023. Other members include: Michael Hodges, executive VP and CFO; Matthew Rucker, executive VP and COO and Patrick Craine, executive VP and chief legal and administrative officer.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPOR:
- Gulfport Energy price target raised to $267 from $264 at UBS
- Gulfport Energy’s Earnings Call Highlights Cash, Buybacks
- Gulfport Energy Expands Share Repurchase With Discounted Buyback
- Gulfport Energy: Strong Free Cash Flow, Aggressive Buybacks, and Strategic Wet Gas Pivot Underpin Buy Rating
- Depressed Valuation and Strong FCF/Production Outlook Underpin Buy Rating on Gulfport as Attractive Natural Gas Acquisition Target
