HP CEO John Lindsay to retire March 2026; President Trey Adams to succeed

Helmerich & Payne, Inc.

John Lindsay will retire as CEO and director effective March 4, 2026 Annual Meeting.
Board appointed President Trey Adams as next CEO, effective same date; Adams nominated to Board.
Lindsay will remain as Senior Advisor through Dec 2026 for transition support.
Lindsay's decision not due to disagreement; transition agreement includes base salary, reduced incentive, restricted shares.
Adams, 40, has been President since Oct 2025; previously held various roles since 2008.

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