Dorchester Minerals ( NASDAQ: DMLP ) said late Thursday that CEO William Casey McManemin will step down effective October 1, when current Chief Operating Officer Bradley Ehrman will take the leadership role.
Ehrman has been Dorchester's ( DMLP ) COO since 2015 after serving as Engineering Manager during 2004-11 and VP of Operations during 2011-15.
McManemin has led the company as CEO since its formation in 2001.
Dorchester Minerals ( DMLP ) recently reported Q2 GAAP earnings of $0.96/share on revenues of $47M .
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Dorchester Minerals CEO McManemin to depart, succeeded by Ehrman