EOG - EOG Resources elevates Yacob to CEO as Thomas plans to retire
EOG Resources (EOG) says Executive VP of Exploration and Production Ezra Yacob will become the new CEO and join the company's board, and COO Billy Helms Jr. will add the role of President to his current position as COO, effective October 1.The news comes as Bill Thomas plans to retire after 42 years with the company and serving as CEO since 2013; he will assume the role of non-executive chairman as part of the succession plan.Ezra Yacob has 21 years of industry experience and 16 years of service with EOG, while Helms boasts 40 years with EOG, serving as COO since 2017.EOG shares have climbed ~15% in the month since it announced a surprise special dividend.
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EOG Resources elevates Yacob to CEO as Thomas plans to retire