8-K filed February 24, 2025, 6:59 PM ET CIK 0001509589

leadership confidence high sentiment negative materiality 0.55

Civitas appoints former EOG president Helms to board; terminates COO and CTO

CIVITAS RESOURCES, INC.

Board expanded from 9 to 10; Lloyd W. "Billy" Helms, Jr. appointed effective Feb 24, 2025; will serve on Audit and Sustainability Committees.
Helms was President of EOG Resources (Oct 2021–May 2024) and has over 40 years of oil & gas experience.
COO T. Hodge Walker terminated without cause effective Feb 24, 2025; eligible for severance under the company's Severance Plan.
Chief Transformation Officer Jeffrey S. Kelly terminated without cause effective same date; also eligible for severance.
President & CEO M. Christopher Doyle assumes additional role of principal operating officer.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Lloyd W. "Billy" Helms, Jr.

Director

CIVITAS RESOURCES, INC.

Effective: 2025-02-24
Filed: February 24, 2025, 6:59 PM ET

the board of directors of the Company (the “Board”) increased the size of the Board from nine directors to ten directors and appointed Lloyd W. “Billy” Helms, Jr. to the resulting vacancy, effective immediately.

Departed

Jeffrey S. Kelly

Chief Transformation Officer

CIVITAS RESOURCES, INC.

Effective: 2025-02-24
Filed: February 24, 2025, 6:59 PM ET

Jeffrey S. Kelly Departure On February 24, 2025, the Company terminated

Departed

T. Hodge Walker

Chief Operating Officer

CIVITAS RESOURCES, INC.

Effective: 2025-02-24
Filed: February 24, 2025, 6:59 PM ET

On February 24, 2025, the Company terminated the employment of T. Hodge Walker, the Company’s Chief Operating Officer, without “cause,” effective immediately.

Role change

M. Christopher Doyle

Principal Operating Officer

CIVITAS RESOURCES, INC.

Effective: 2025-02-24
Filed: February 24, 2025, 6:59 PM ET

M. Christopher Doyle, the Company’s current President and Chief Executive Officer and a director of the Company, assumed the additional role of principal operating officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lloyd W. "Billy" Helms, Jr. was appointed as Director at CIVITAS RESOURCES, INC..

Action: appointed
Role: Director

Exact text from the filing

the board of directors of the Company (the “Board”) increased the size of the Board from nine directors to ten directors and appointed Lloyd W. “Billy” Helms, Jr. to the resulting vacancy, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.85

Jeffrey S. Kelly was terminated as Chief Transformation Officer at CIVITAS RESOURCES, INC..

Action: terminated
Role: Chief Transformation Officer

Exact text from the filing

Jeffrey S. Kelly Departure On February 24, 2025, the Company terminated

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

T. Hodge Walker was terminated as Chief Operating Officer at CIVITAS RESOURCES, INC..

Action: terminated
Role: Chief Operating Officer

Exact text from the filing

On February 24, 2025, the Company terminated the employment of T. Hodge Walker, the Company’s Chief Operating Officer, without “cause,” effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

M. Christopher Doyle changed role as Principal Operating Officer at CIVITAS RESOURCES, INC..

Action: assumed
Role: Principal Operating Officer

Exact text from the filing

M. Christopher Doyle, the Company’s current President and Chief Executive Officer and a director of the Company, assumed the additional role of principal operating officer of the Company.

View on SEC.gov

Source: SEC EDGAR

accession 0001104659-25-016526

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.