CFO Kevin Vann to retire June 30; Todd Scruggs named successor

Helmerich & Payne, Inc.

Kevin Vann, SVP and CFO, to retire effective June 30, 2026; will serve as senior advisor through Dec 31, 2026.
Todd Scruggs, currently VP Corporate Finance & Treasurer, appointed SVP and CFO effective July 1, 2026.
Scruggs previously held roles at WPX Energy, Devon Energy, and Veriten; joined H&P in November 2024.
Vann's retirement is not due to any disagreement; he received a transition agreement including a $750,000 bonus.
Leadership update follows Trey Adams' appointment as CEO on March 4, 2026; CFO transition is part of alignment.

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