Drilling-rig manufacturer Helmerich & Payne announced the naming of a new Chief Financial Officer.
The company said it hired J. Kevin Vann to succeed Mark Smith as CFO after Smith will retire on August 15.
H&P said Vann brings extensive public company financial and accounting experience in the oil and gas industry, which will be instrumental as H&P continues to grow and expand its market presence.
Before joining H&P, he served as Chief Financial Officer at WPX Energy, Inc. from 2014 to 2021. Prior to becoming Chief Financial Officer for WPX, he served as the company’s Chief Accounting Officer and Controller from 2012 to 2014. From 2007 to 2011, Vann served as Controller of the exploration and production business of The Williams Companies, Inc. and in various other financial and accounting roles for Williams from 1998 to 2006.
“We are excited to welcome Kevin to the H&P team. His experience and vision align with our company’s strategic goals. With Kevin’s background in M&A we are confident that his leadership will continue to maintain and strengthen our existing financial policies, financial strategy and performance as we look forward to closing our planned acquisition of KCA Deutag,” said John Lindsay, President and CEO of H&P. “H&P’s long-term financial discipline is a cornerstone of our ability to fulfill our commitments to customers, shareholders and employees.”