SandRidge board member dies

 

Bob. G. Alexander, a long time member of the board of directors  for SandRidge Energy, Inc. and Oklahoma oilman died this week.

He was named to the SandRidge board in 2018 after activist investor Carl Icahn won a proxy fight with the company.  Alexander founded the Alexander Energy Corp and led it until the company was sold in 1996 to National Energy Group. He was CEO and chairman of National Energy until it was sold to SandRidge Energy in 2006.

He previously was a director at Chesapeake Energy Corp. in 2012 when Icahn led another shareholder revolt. Alexander served for two years until the oil-field services division was spun off into Seventh Seven Energy Inc. where he was a director until 2017.

Alexander also served as a director of CVR Energy Inc., another Icahn-owned company which owns an oil refinery in Wynnewood.

Alexander was one of three independent directors serving on SandRidge’s audit committee. After his death, SandRidge named John J. Lipinski to the Audit Committee. Alexander also served on the company’s Nominating and Governance Committee and was replaced by Jonathan Christodoro.

Source: SEC