Jason Pigott to Succeed Randy Foutch as President of Laredo Petroleum

Tulsa-based Laredo Petroleum Inc. announced Wednesday it has named Mikell “Jason” Pigott as its new president and company director. Pigott joins Laredo effective May 28.

Pigott served as an executive vice president at Chesapeake Energy Corporation, where he oversaw operations and technical services. Prior to his employment with Chesapeake, Pigott worked for Anadarko Petroleum for 14 years.

Pigott will succeed Randy Foutch as Laredo’s CEO during the final quarter of the year. Foutch, also Laredo’s board chairman, plans to retire, he said.

“Jason’s appointment is the culmination of a comprehensive succession planning process that has been years in the making,” said Foutch in a company press release. “His extensive background in leading multidisciplinary operational and technical organizations as well as experience contributing to executive-level strategic decisions will be invaluable as he begins to assume leadership and transitions into the CEO role.”