8-K filed December 16, 2022, 6:59 PM ET ticker PR CIK 0001658566

leadership confidence high sentiment neutral materiality 0.65

Permian Resources announces Executive Chairman and CFO retirements; successors named

Permian Resources Corp

Sean Smith to retire as Executive Chairman effective Dec 31, 2022; Steve Gray to become non-executive Chairman.
CFO George Glyphis to retire March 1, 2023; Guy Oliphint to succeed as CFO after joining as EVP of Finance in Jan 2023.
Oliphint previously Managing Director and Co-Head of Upstream Americas at Jefferies LLC.
Glyphis to remain Senior Advisor until mid-2023 to ensure smooth transition.
Retirements not due to any disagreement with the Company.

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.

Departed

George Glyphis

Executive Vice President and Chief Financial Officer

PR · Permian Resources Corp

Effective: 2023-03-01
Successor: Guy Oliphint
Filed: December 16, 2022, 6:59 PM ET

The Company also announced that George Glyphis, Executive Vice President and Chief Financial Officer of the Company, plans to retire from the Company in mid-2023 and that Guy Oliphint will succeed Mr. Glyphis as the Company’s Chief Financial Officer.

Appointed

Guy Oliphint

Chief Financial Officer

PR · Permian Resources Corp

Effective: 2023-03-01
Filed: December 16, 2022, 6:59 PM ET

Mr. Oliphint will join the Company as Executive Vice President of Finance in early January 2023, and the Board intends to appoint him Chief Financial Officer effective March 1, 2023.

Departed

Sean Smith

Executive Chair of the Board

PR · Permian Resources Corp

Effective: 2022-12-31
Successor: Steve Gray
Filed: December 16, 2022, 6:59 PM ET

On December 14, 2022, Permian Resources Corporation (the “Company”) announced that Sean Smith notified the Company that he intends to retire from the Board of Directors of the Company (the “Board”), including his position as Executive Chair of the Board (“Board Chair”), effective as of December 31, 2022.

Appointed

Steve Gray

Board Chair

PR · Permian Resources Corp

Effective: 2022-12-31
Filed: December 16, 2022, 6:59 PM ET

The Board intends to appoint Steve Gray, a current independent director on the Board, as its Board Chair effective upon Mr. Smith’s retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

George Glyphis departed as Executive Vice President and Chief Financial Officer at Permian Resources Corp.

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

Exact text from the filing

The Company also announced that George Glyphis, Executive Vice President and Chief Financial Officer of the Company, plans to retire from the Company in mid-2023 and that Guy Oliphint will succeed Mr. Glyphis as the Company’s Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Guy Oliphint was appointed as Chief Financial Officer at Permian Resources Corp.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Mr. Oliphint will join the Company as Executive Vice President of Finance in early January 2023, and the Board intends to appoint him Chief Financial Officer effective March 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sean Smith departed as Executive Chair of the Board at Permian Resources Corp.

Action: retire
Role: Executive Chair of the Board

Exact text from the filing

On December 14, 2022, Permian Resources Corporation (the “Company”) announced that Sean Smith notified the Company that he intends to retire from the Board of Directors of the Company (the “Board”), including his position as Executive Chair of the Board (“Board Chair”), effective as of December 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steve Gray was appointed as Board Chair at Permian Resources Corp.

Action: appointed
Role: Board Chair

Exact text from the filing

The Board intends to appoint Steve Gray, a current independent director on the Board, as its Board Chair effective upon Mr. Smith’s retirement.

View on SEC.gov

Permian Resources Corp filing history →

Source: SEC EDGAR

accession 0001658566-22-000128

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.