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California Resources Corp (CRC) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
California Resources Corp (CRC) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Operator Good morning, and welcome to the California Resources Corporation First Quarter Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. [Operator Instructions] I would now like to turn the conference over to Joanna Park. Please go ahead. Joanna Park Vice President of Investor Relations & Treasurer Thank you. I m Joanna Park, Vice President of Investor Relations and Treasurer. Welcome to California Resources Corporation first quarter conference call. Participating on today s call is Mac McFarland, President and Chief Executive Officer; Francisco Leon, Executive Vice President and Chief Financial Officer; Shawn Kerns, Executive Vice President of Operations and Engineering; Mike Preston, Senior Executive Vice President, CAO and General Counsel; and Jay Bys, Chief Commercial Officer, as well as several other members of the CRC executive t ....
California Resources Corporation Announces Appointment of New Chair of the Board By Staff 45 seconds ago SANTA CLARITA, Calif.–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC) (the “Company”) announced today that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Directors of the Company. Ms. Cepak replaces Mark A. (Mac) McFarland as the Chair following his appointment as the permanent President and Chief Executive Officer of the Company on March 22, 2021. Mr. McFarland will continue to serve as a director the Company. Mr. McFarland, President and Chief Executive Officer, said, “With 26 years of experience in the energy industry, we look forward to Ms. Cepak’s leadership of our board. TJ brings tremendous expertise to the role, and her appointment as Chair separates the role of Chair from that of President and Chief Executive Officer and demonstrates our Board’s commitment to strong corporate governance practices ....
Stevens out as chief executive at oil producer CRC [The Bakersfield Californian] Dec. 22 The top executive at California Resources Corp. will step down next week and be replaced on an interim basis by the local oil producer’s new chairman, a civil engineer with a background in electrical power generation. President and CEO Todd A. Stevens, 53, a Bakersfield High School Driller, has led Santa Clarita-based CRC since its 2014 spinoff from Occidental Petroleum Corp. He presided over the company’s Chapter 11 bankruptcy in July and subsequent re-emergence under lender ownership. A company news release on the transition offered no explanation for Stevens’s sudden departure and there was no word on whether he was forced out or resigned voluntarily. It only said his exit “did not result from any dispute or disagreement with the company on any matter relating to the company’s operations, financial statements, internal controls, policies or practices.” ....