leadership
confidence high
sentiment neutral
materiality 0.70
Mammoth Energy CEO Phil Lancaster resigns; son Bernard named COO; board changes
MAMMOTH ENERGY SERVICES, INC.
- CEO Phil Lancaster resigns effective June 30, 2025; will become non-voting board observer June 11.
- Bernard Lancaster, son of Phil, appointed COO and Principal Executive Officer effective July 1, 2025.
- Paul Jacobi appointed Chief Business Officer effective July 1; resigns from board committees, loses independent status.
- Arthur Smith to retire from board at June 11 annual meeting; Mark Plaumann appointed audit committee chair and director.
item 5.02