Matador (MTDR) Resources announced the following promotions, effective as of April 21, 2026: Christopher P. Calvert has been promoted to Executive Vice President and Chief Financial Officer; Glenn W. Stetson has been promoted to Executive Vice President and Chief Operating Officer. Calvert will assume the role of Chief Financial Officer from Robert T. Macalik, who ceased serving as Chief Financial Officer on April 21, 2026. Mr. Macalik’s cessation of service as Chief Financial Officer is not related to any financial or accounting issue or any disagreement with Matador on any matter relating to Matador’s operations, policies or practices. Joseph Wm. Foran, Matador’s Founder, Chairman and Chief Executive Officer, stated, “I would like to congratulate Chris and Glenn on their well-deserved promotions. Chris and Glenn have both operational and leadership experience, and they have been large contributors to Matador’s growth since joining us in 2014. Chris’s operational and business experience and technical knowledge, combined with his relationships with our various staff members, shareholders, bondholders, analyst community and bank group, uniquely position him to head our finance team as Chief Financial Officer. Glenn has consistently demonstrated his skill in identifying and developing a team focused on delivering record results for Matador’s various operations and midstream activities under his purview, and he will continue to cultivate that focus as Chief Operating Officer.”
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