Delta Petroleum (DPTR) Announces Chairman And CEO Resigning
Delta Petroleum Corporation (Nasdaq: DPTR) announced that Chairman and CEO Roger Parker has informed the Board of Directors that he is resigning from the Company.
"I am very proud of my 22 years at Delta," said Roger Parker. "I believe Delta is well positioned for the future and that this is the appropriate time for me to pursue new business interests. I am resigning my positions with Delta today and leave with great fondness for the Company and its employees, but will remain involved as a consultant for six months to assist in a smooth transition and to provide continuity."
The Board has formed a committee of independent directors tasked with searching for a new Chief Executive Officer. John Wallace will continue in his role as President and will function as the senior executive officer of the Company until a new CEO is identified by the Board.
Related Categories
Management ChangesStocks Mentioned
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
