Helmerich Payne (HP) Director Rooney Resigns

September 8, 2016 2:56 PM EDT

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Helmerich Payne (NYSE: HP) disclosed the following in a U.S. SEC filing on Thursday:

Item 5.02. - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(b) On September 7, 2016, Ambassador Francis Rooney informed Helmerich & Payne, Inc. (the “Company”) of his decision to resign from the Company’s Board in order to continue his run for a Florida congressional seat. The Company appreciates Ambassador Rooney’s distinguished service on the Board since June of 2008. The effective date of the resignation was September 7, 2016. As a consequence of Mr. Rooney’s resignation, Board membership will decrease from nine to eight Directors.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News, Management Changes

Add Your Comment