WTI - W&T Offshore appoints Sameer Parasnis as EVP CFO

2023-06-22 07:50:24 ET

• W&T Offshore ( NYSE: WTI ) has appointed Sameer Parasnis to the position of Executive Vice President and Chief Financial Officer, effective July 3, 2023.
• Prior to joining W&T, Mr. Parasnis served as Managing Director of Stifel Financial Corporation’s Energy & Energy Transition team in Houston.
• “Sameer has served as a trusted financial advisor to W&T over the years on key strategic initiatives of the Company, including our drilling joint venture and corporate debt refinancing in 2018, the non-recourse term loan financing with Munich Re Reserve Risk Financing, Inc. in 2021 as well as our opportunistic At-The-Market equity offering in 2022. We are confident that his experience with both W&T’s business and our senior management team will allow a smooth transition into this new role,” CEO Tracy added.

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