SD - SandRidge Energy CEO Giesler to step down replaced by Pranin
SandRidge Energy (SD) says President and CEO Carl Giesler, Jr. has resigned effective July 16 to pursue another career opportunity.The SandRidge board selects current Senior VP and COO Grayson Pranin as the company's new President, CEO and COO.Pranin has served in various engineering, operational and leadership roles with SandRidge since 2011 after spending time at Pioneer Natural Resources.Before joining SandRidge in April 2020, Giesler had served as President and CEO Jones Energy, Glacier Oil & Gas and its predecessor company Miller Energy Resources.SandRidge's guidance for 2021 "looks fairly conservative based on Q1 2021 results," Elephant Analytics writes in a bullish analysis published on Seeking Alpha.
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SandRidge Energy CEO Giesler to step down, replaced by Pranin