Helmerich & Payne CFO Mark W. Smith to retire August 2024; successor search underway

Helmerich & Payne, Inc.

Mark W. Smith, Senior VP and CFO, will retire effective August 15, 2024 or earlier agreed date.
He will remain as non-executive Senior Advisor through December 31, 2024, receiving base salary and vesting equity.
Retirement not due to any disagreement with company on operations, policies, or practices.
Company has commenced search for a successor CFO; Smith will assist in transition.
Transition Agreement includes release of claims, non-competition, and non-solicitation covenants.

item 5.02 item 7.01 item 9.01

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Departed

Mark W. Smith

Senior Vice President and Chief Financial Officer

HP · Helmerich & Payne, Inc.

Effective: 2024-08-15
Filed: February 22, 2024, 6:59 PM ET

On February 19, 2024, Mark W. Smith informed Helmerich & Payne, Inc. (the “Company”) that he will retire from his position as Senior Vice President and Chief Financial Officer of the Company effective August 15, 2024 or such earlier date as agreed to with the Company (the “Transition Date”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark W. Smith departed as Senior Vice President and Chief Financial Officer at Helmerich & Payne, Inc..

Action: retire
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On February 19, 2024, Mark W. Smith informed Helmerich & Payne, Inc. (the “Company”) that he will retire from his position as Senior Vice President and Chief Financial Officer of the Company effective August 15, 2024 or such earlier date as agreed to with the Company (the “Transition Date”).

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Source: SEC EDGAR

accession 0000046765-24-000013

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