Saturday, December 15, 2018

W&T Offshore Reshuffles Executive Management

November 6, 2018

Pic: W&T Offshore
Pic: W&T Offshore

The US-based oil and natural gas acquisition, exploitation and exploration company W&T Offshore announced certain executive management changes within the Company, effective immediately.

The Company announced the appointment of Janet Yang to Executive Vice President and Chief Financial Officer, following her appointment as acting Chief Financial Officer in August 2018.  Ms. Yang will also assume the role of Principal Accounting Officer of the Company.  

Additionally, the Company announced the promotions of David M. Bump from Vice President to Executive Vice President, Drilling, Completions and Facilities and William J. Williford from Vice President to Executive Vice President and General Manager of Gulf of Mexico.

The Company also announced the departure of Thomas P. Murphy, Senior Vice President and Chief Operations Officer.  Mr. Bump and Mr. Williford will be assuming the duties of Mr. Murphy.

Tracy Krohn, W&T Offshore's Chairman and CEO, stated, "These leadership changes support our vision for the next phase of our Company's success.  Janet has demonstrated strong leadership in key strategic initiatives of the Company over the years, including our recently successful corporate debt reduction and refinancing as well as our drilling joint venture announced earlier this year."

Tracy added: "We are also announcing the well-deserved promotions of David and William to Executive Vice President positions.  They have both proven themselves to be highly effective and valuable leaders at W&T, and we are confident that they will continue to create value for the Company going forward.  While we appreciate Tom's many contributions over the last several years and wish him well in his next endeavors, David and William are well prepared and have assumed his previous responsibilities to advance our growth."

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