Gulfport Energy is preparing for the company’s annual shareholders meeting in June.
The Board of Directors for the Oklahoma City company set the date for June 14 at 9 a.m. It will be a virtual meeting where shareholders will decide on the election of five directors, compensation to company executives and the ratification of the appointment of Grant Thornton LLP as the firm’s independent auditors.
The number of directors changed to 5 following Gulfport’s emergence in May of last year from the Chapter 11 bankruptcy it filed for reorganization in the fall of 2020, a move that allowed the company to reduce its debt by $1.4 billion.
Now with about 200 employees, the company’s new board includes CEO Timothy J. Cutt and four non-employee directors, David Wolf, Guillermo (Bill) Martinez, Jason Martinez and David Reganato.
Wolf is considered the lead independent director and also a Corporate Development Partner at Enduring Resources.
Guillermo Martinez is Executive Vice President and Chief Operating Officer at Mitsui E&P USA LLC.
Jason Martinez is Managing Director at Pickering Energy Partners.
Reganato is a Partner at Silver Point Capital.
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