Oil and gas firm W&T Offshore has announced that Janet Yang, the executive vice president and chief financial officer, will be leaving the company on May 11, 2023.
Yang will leave the company following the release of W&T’s first-quarter earnings and the filing of the company’s 10-Q. The oil and gas player said in a statement that Yang and her family will be relocating to another city for family reasons.
W&T will start a formal search for a successor shortly but until a proper replacement is found Trey Hartman – currently the vice president and chief accounting officer – will occupy the CFO role in the interim.
“We would like to thank Janet for her leadership and the many contributions she made to W&T over her 14 years with the company and wish her and her family well in their upcoming move. Janet has truly been an integral member of our executive management team and contributed significantly to the multitudes of success we have achieved over the years, including key strategic and financial initiatives,” Tracy W. Krohn, chairman and CEO of W&T, said.
“We also thank Trey for stepping in during this transition period. With his extensive management experience and knowledge of our company, combined with our strong accounting, financial reporting, investor relations, finance, treasury, and control teams that we have in place, I am confident all responsibilities and abilities related to the CFO office will be sustained for a smooth transition,” Krohn added.
“I want to express my sincere gratitude to Tracy and the board for the many opportunities provided to me and the trust placed in me throughout my 14-year tenure with W&T. Also, it has been a true honor and privilege to work alongside an extremely talented and dedicated team at W&T, and I will really miss being here,” Yang stated.
As for the interim CFO, Hartman joined W&T Offshore as a controller in April 2021 and was appointed vice president and chief accounting officer in May 2022.
He previously served as Vice President and controller for Sheridan Production from 2015 to 2020. Before joining Sheridan, Hartman occupied the same role at Halcon Resources from 2012 to 2015. Hartman also worked for Petrohawk Energy from 2006 to 2011 and at BHP Billiton from 2011 to 2012. He began his career in the audit practice of PricewaterhouseCoopers in 1997.
To contact the author, email andreson.n.paul@gmail.com
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.