Diamondback Energy appoints new leadership
MIDLAND, Texas -- Diamondback Energy, Inc. has announced a series of leadership appointments and promotions, effective March 1, 2019, that will allow the company to continue to execute on its capital efficient growth and best in class operations on a now significantly larger asset base.
Kaes Van’t Hof, currently senior V.P. of Strategy and Corporate Development, has been appointed CFO and executive V.P. of business development for Diamondback. Tracy Dick will assume the role of chief accounting officer and executive V.P. for Diamondback, and will remain FO of Viper Energy Partners LP. Mr. Van’t Hof will also remain in his current role as President of Viper.
Matt Zmigrosky will assume the role of executive V.P., general counsel and secretary, replacing Randall Holder, who will be retiring at the end of the first quarter of 2019 after having worked at Diamondback since November 2011, prior to the Company’s initial public offering (IPO). Prior to joining Diamondback, Mr. Zmigrosky was in the private practice of law for over 15 years, most recently as a partner at Akin Gump Strauss Hauer & Feld LLP, where he worked extensively with Diamondback and its subsidiaries.
Russell Pantermuehl, currently executive V.P. of reservoir engineering, will assume the role of executive V.P. and chief engineer.
Jennifer Soliman, currently senior V.P. and chief human resources officer, has been promoted to executive V.P. and chief human resources officer.
Thomas Hawkins, currently senior V.P. of land, has been promoted to executive V.P. of Land.
Paul Molnar, currently executive V.P. of exploration and business development, will be retiring at the end of the first quarter of 2019 after having worked at Diamondback since August 2011, prior to the Company’s IPO.
“I would like to express my sincere gratitude to Paul and Randy for their significant contributions to Diamondback over the past seven plus years. Both gentlemen are founders of the Company and have been instrumental to the success and growth of Diamondback from a small cap producer of less than 3,000 bopd at the time of our IPO in 2012 to the large cap Permian producer we are today. Their daily contributions to Diamondback will be missed,” stated Travis Stice, CEO of Diamondback.
Diamondback today also announced the promotion of five current V.P. to senior V.P. as well as the addition of two V.P. and the promotion of one director to V.P.
Promoted senior V.P.'s
Daniel Wesson has been promoted to senior V.P. of operations from V.P. of operations
David Cannon has been promoted to senior V.P. of geoscience and technology from V.P. of geoscience
Joe Niederhofer has been promoted to senior V.P. of midstream operations from V.P. of Midstream Operations. Joe recently joined Diamondback from Energen Corporation (“Energen”), where he was the V.P. of Permian Basin Operations
Kara Blubaugh-Few has been promoted to senior V.P. of accounting and controller from V.P. of accounting and controller
Marc Dingler has been promoted to senior V.P. of government affairs and deputy general counsel from V.P. of legal and deputy general counsel
New V.P.
Adam Lawlis has been promoted to V.P. of investor relations from director of investor relations
Al Barkmann recently joined Diamondback as the V.P. of reservoir engineering. Al joined Diamondback from Energen, where he was the reservoir engineering manager.
Yong Cho was promoted to V.P. of drilling in August 2018 after joining Diamondback as drilling manager of the Delaware Basin in 2017
Mr. Stice continued, “The appointments and promotions announced today only emphasize the strength and depth of our management team at Diamondback. As we grow in size and scale, these ‘next level leaders’ are pivotal to the continued success of the Company to execute on our core philosophy of best in class execution, low cost operations and transparency.”
