After 42 years with EOG Resources, Inc., Chief Executive Officer William “Bill” Thomas is retiring from leading the Houston-based company that also has major operations in Oklahoma.
He will be replaced by Ezra Y. Yacob who will not only become EOG”s CEO but will also join the Board of Directors. Lloyd W. “Billy” Helms Jr., the current Chief Operating Officer will be appointed to the additional role of President.
Both promotions will be effective Oct. 1 of this year as Thomas will retire and assume the role of Non-Executive Chairman of the Board.
“We are excited to have someone of Ezra’s talent and experience lead EOG forward,” said Thomas. “Ezra’s career with EOG began in 2005 at the dawn of the shale oil and gas era, and I believe he is one of the industry’s foremost experts in the exploration and development of unconventional resources.”
“I am honored to succeed Bill in leading this exceptional team,” said Yacob. “Year after year, for more than eight years, Bill has set and re-set the standard for EOG’s operational and financial performance ever higher.”
Most recently President, Ezra Yacob has 21 years of industry experience and 16 years of service with EOG. Prior to joining the headquarters executive management team as Executive Vice President, Exploration and Production, he was Vice President and General Manager of EOG’s Midland office and managed the company’s Permian Basin exploration and development activities from 2014 to 2017.
Billy Helms has over 40 years of service with EOG and has served as Chief Operating Officer for the company since 2017. Prior to that, he was responsible for EOG’s operations across multiple offices along with the company’s Engineering and Acquisitions and Business Development functions as Executive Vice President, Exploration and Production.
Source: press release