SM Energy (SM) announced that Chief Executive Officer Herbert Vogel has advised the Board of Directors of SM Energy of his intention to retire as Chief Executive Officer on March 1, 2026, and that he has resigned as President of the Company effective September 4, 2025. Vogel intends to remain a member of the Board until the Company’s next annual meeting of stockholders, scheduled to be held in May 2026, and is expected to take on an executive advisor role for a period of time. The Company also announced that Elizabeth McDonald has been appointed to the position of President, her new title being President and Chief Operating Officer. The Board currently intends to promote McDonald to President and Chief Executive Officer, effective upon Vogel’s retirement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SM:
- SM Energy price target raised to $44 from $42 at Mizuho
- SM Energy: Strong Operational Performance and Attractive Valuation Justify Buy Rating
- SM Energy’s Operational Excellence and Financial Strength Justify Buy Rating
- SM Energy reports Q2 adjusted EPS $1.50, consensus $1.25
- SM Energy price target lowered to $34 from $38 at RBC Capital