New COO at Continental Resources Exits the Company

Just weeks after Continental Resources Inc. announced the naming of Tony C. Maranto as the company’s new chief operating officer, he has suddenly resigned.

Word of the resignation came in a one-sentence SEC filing made by Continental Resources this week. The resignation by the 57-year old Maranto was effective June 5, just five weeks after he joined the company.

Word of his hiring came in April but he didn’t officially join the company until May 1. He had previously been vice president and chief operating officer at EnerVest Operating Company since 2016. Before that, he was vice president and general manager at EOG Resources in Oklahoma City.

Maranto replaced Jack Stark as COO when Stark was named President.